13010 CLEMSON BLVD Seneca SC 29678

This brand new corporate Starbucks lease features a ten (10) year term with no kickout, a 20 year roof warranty, a 10% rent increases every 5 years.

CORPORATE GUARANTY/INVESTMENT GRADE TENANT
This is a corporate lease with Starbucks Corporation (NASDAQ: SBUX). The company reported annual revenue of $29.06B for 2021, has over 32,000 retail stores in 80 countries, a market cap of $105.27B, and an S&P rating of BBB+.

ATTRACTIVE RENT GROWTH
The lease benefits from 10% rent increases every five years.

LIMITED LANDLORD RESPONSIBILITIES
The NN lease structure limits landlord responsibilities to roof and structure, with the added benefit of a new 20 year warranty on the roof.

SUPERIOR DEMOGRAPHICS
This location boasts superior demographics. Within five miles of the property the estimated population is 49,248, there are 17,758 estimated households, and the average household income exceeds $69,000.

SUPERIOR OUTPARCEL LOCATION
This Starbucks enjoys a superior outparcel location at the fully leased Hartwell Village, an outstanding new mixed-use development featuring six junior anchors including Marshall’s, Michael’s, Aldi and PetCo. It is the only national retail center in Clemson, and this Aldi location sees more visitors than any other within a 25 mile radius. Situated on the border between Pickens and Oconee Counties, the center serves an expanded market area, including the vacation areas of Lake Hartwell, Lake Keowee and the foothills of the Blue Ridge Mountains, and enjoys a labor shed of over 623,000 people from 11 counties.

ADJACENT TO CLEMSON UNIVERSITY
This location is just 1.5 miles from Clemson University, the second largest university in South Carolina, with more than 26,400 students and 5,500 employees.

EXCELLENT ACCESS & VISIBILITY
This location benefits from excellent access and visibility at the intersection of U.S. 76/Tiger Blvd. and SR 93/Pendleton Rd.

TRAFFIC COUNTS
U.S. 76/Tiger Boulevard - 26,671 ADT
State Route 93/Pendleton Road - 22,699 ADT