3370 Northside Pky NW
Atlanta, GA 30327
Starbucks Coffee: Atlanta, GA · Retail Property For Sale

• Investment Grade Tenants o Starbucks Coffee: Headquartered in Seattle, Washington, Starbucks Corporation (NASDAQ: SBUX, S&P: BBB+) is the premier roaster, marketer and retailer of specialty coffee in the world, operating 27,339 stores in 75 countries. As of July 2018, the company had a net worth in excess of $3.9 billion, TTM revenue of $24.1 billion, and TTM net income of $4.5 billion. o Bank of America: Bank of America N.A. (S&P: AA-), a subsidiary of Bank of America Corporation (NYSE: BAC), is one of the world’s leading financial institutions with $2.3 trillion in assets, approximately 4,400 retail financial centers and more than 16,100 ATMs. • New Leases with Attractive Rent Escalations: Built in 2018, Starbucks’s ±9.4-year net lease features a 6% rent escalation in year 6 and 10% escalations in each of its four 5-year renewal options. Bank of America’s gross lease features ±8 years remaining with 10% rent escalations throughout the remainder of the initial term and in each of its six 5-year renewal options. • Excellent Access/Visibility: The site is situated with excellent access and visibility along Northside Parkway (Traffic Count: 21,600 VPD), where it also benefits from being within feet of Interstate 75 (Traffic Count: 209,000 VPD). • Strategic Location - The Best retail Intersection in Atlanta: Starbucks and Bank of America are positioned directly adjacent to Steak ‘n Shake and Wells Fargo, and across from a Publix-anchored shopping center that is further occupied by Bank of America, Smoothie King, Goldbergs Fine Foods, Yogurtland, Willy’s Mexicana Grill, Matthews Furniture + Design, Mountain High Outfitters, and OK Café, among several others.