271 State Ave, Beaver, PA 15005

Faris Lee Investments is pleased to present the unique opportunity to acquire the fee simple

interest in a newly constructed, single-tenant NNN-leased asset tenanted by Starbucks

Corporation. Recognized as the world’s most valuable restaurant brand and the largest coffee

retailer globally, Starbucks (NASDAQ: SBUX) boasts an investment-grade credit profile with

a market capitalization exceeding $100 billion and fiscal 2025 revenues surpassing $37

billion. With a global footprint of over 40,000 locations—including more than 18,000 in the

United States—the tenant continues to execute an aggressive growth strategy. This offering

features the brand’s highly sought-after drive-thru prototype, a critical format that generates

approximately 50% more revenue than non-drive-thru locations and captures the over 70%

of company sales derived from mobile orders and delivery services.

The investment is secured by a new, long-term 10-year NNN lease structure that features no

early termination clauses, ensuring a stable and secure income stream for the investor. The

lease includes a rare and highly desirable 10% rental increase every five years, providing a

robust hedge against inflation and ensuring consistent appreciation in cash flow and return

on investment. Designed for ease of management, this NNN lease is ideally suited for a

passive investor or a 1031 exchange buyer, as it minimizes landlord responsibilities with

expenses passed through to the tenant. Furthermore, because the lease structure provides

for ownership of the building improvements, the investor may benefit from significant tax

advantages, including the ability to utilize cost segregation studies to accelerate depreciation.

Strategically positioned as a high-profile street frontage pad, the subject property benefits

from excellent visibility along State Avenue (State Hwy 68), a major thoroughfare seeing

over 15,600 vehicles per day. The site is also located in close proximity to the Bear Valley

Expressway, which supports over 38,100 daily commuters, further driving customer traffic to

the trade area. Unlike inline retail spaces, this free-standing pad with a drive-thru represents

the most liquid and sought-after investment product in the current market due to its intrinsic

real estate value and superior accessibility. The combination of new construction, zero

deferred maintenance, and prime real estate fundamentals creates a best-in-class investment opportunity.