Caribou Coffee
Desirable Lease Term | Greensboro MSA | Affluent Surrounding Area
Investment highlights
• New 2025 construction
• Desirable lease term | 9 years remaining
• Corporate lease | Caribou Coffee Operating Company | 335 corporately owned stores across the U.S.
• Parent company is JAB Holding Company | Investment grade credit rating | Baa1/BBB
• Great visibility from Eastchester Dr | 46,000 VPD
• Located inside of dense retail corridor | 1.2M SF within a 2-mile radius
• Stable population growth within 3-miles | 16.37% from 2010-2025
• Attractive population density within a 5-mile radius | 122,564 residents
• Large industrial presence nearby | 2.8M SF of space within a 2-mile radius
• Affluent surrounding area | $124,512 average household income within a 3-mile radius
• 6 miles from Atrium Health Wake Forest Baptist High Point Medical Center | 352 beds
• 10 minutes from High Point University | 6,550 students
• 5 miles from Ragsdale High School | 1,330 students
• 15 minutes from Piedmont Triad International Airport | 280 flights per day
• Located adjacent to Alexandria Park Apartment Homes | 240-unit apartment complex
• Nearby destination retailers | Walmart Supercenter, Target, Sam’s Club, Costco, Harris Teeter, Food Lion, Lowe’s, Home Depot, Dick’s Sporting Goods, Belk, Office Depot, Texas Roadhouse,
Buffalo Wild Wings, Olive Garden, Chili’s, Applebee’s, Chick-fil-A, Starbucks, Chipotle, McDonald’s, Burger King, Biscuitville, Panda Express, Arby’s, Panera Bread, Sheetz, and more
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