Investment Highlights
- Built In 2004
- Build To Suit – Class “A” Construction
- Added Outdoor Seating In 2013
- Corporate Guarantee – 35,000+ Locations Worldwide
- S&P Credit Rating: BBB+ | Public Company: SBUX
- Tenant Has Occupied Since 2004 (19 Years)
- 3rd Extension Since Initial 10 Year Term
- Two – Five Year Options (Rent Increases in Each)
- Early 10 Year Extension – Starts 4/1/2024
- Double Net Lease
- Tenant Responsible Real Estate Taxes
- Tenant Responsible Cam
- Tenant Responsible Insurance
- Landlord Responsible for Parking Lot
- Landlord Responsible for Roof & Structure
- Located Right Off Interstate 94
- Across From Ascension Hospital & Milwaukee County Zoo
- 8 Miles from Downtown Milwaukee
- Over 97,000 Residents Within Three Miles
- Daytime Population Just Under 146,000 Within Three Miles
- Average Household Income Of $93,945 Within Three Miles
- High Traffic Counts: Mayfair Road - 35,214 VPD
