Starbucks 117 N Point Dr 2,500 SF Retail Building Mount Orab, OH 45154 $3,013,177 ($1,205.27/SF) 6.20% Cap Rate

Horvath & Tremblay is pleased to present the exclusive sale of a corporate leased Starbucks investment property located at 117 North Point Drive in Mt Orab, Ohio (the “Property”). This is a new construction Starbucks with a rare 15-year NNN lease with four (4), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. The Property features Starbucks’ best-in-class drive-thru, as well as an outdoor patio space. The Property is strategically located along North High Street (US Highway 68), the primary retail corridor in Mt Orab, and is adjacent to the on-ramp for the Appalachian Highway (OH Route 32). The Property enjoys outstanding visibility and frontage along US Highway 68, and is highly visible from the Appalachian Highway, the area’s primary commuter corridor heading into Cincinnati. The trade area is centered around the Appalachian Highway, anchored by a Kroger, and is home to national retailers and restaurants, Southern States Community College and the area schools, all of which drive traffic to the area. Mt Orab is part of the Cincinnati MSA and is positioned 35-miles east of the city.