PDF Starbucks (S&P: A- | New Lease) 4116 2nd Avenue Kearney, NE

NET LEASE INVESTMENT OFFERING

Starbucks (S&P: A- | New Lease) 4116 2nd Avenue Kearney, NE

TABLE OF CONTENTS

I. Executive Summary Executive Summary Investment Highlights Property Overview

II. Location Overview

Site Plan Aerial Map

III. Market & Tenant Overview

Tenant Profile Location Overview Demographics

NET LEASE INVESTMENT OFFERING

DISCLAIMER STATEMENT

DISCLAIMER STATEMENT:

The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group.

This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation.

The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NET LEASE INVESTMENT OFFERING

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY:

The Boulder Group is pleased to exclusively market for sale a single tenant Starbucks property strategically located in Kearney, NE. The property is located in a primary retail destination along the trade area's primary north-south thoroughfare. The new ten year Starbucks lease commenced on August 16, 2016. The net lease features a 10% rental escalation in the primary term and in each renewal option period.

The Starbucks property is positioned along 2nd Avenue which is the trade area's primary north-south thoroughfare. 2nd Avenue features traffic counts in excess of 29,000 vehicles per day. The Starbucks property is a hard corner strategically positioned as an outparcel to a Family Fresh Market grocery anchored center within the region's primary retail destination. Retailers in the immediate area include Walmart Supercenter, Target, JCPenney, Hy-Vee, Walgreens, Menards, Office Max and Ashley Furniture. Further contributing to the strength of this Starbucks is its proximity to CHI Health Good Samaritan hospital and the University of Nebraska-Kearney. CHI Health Good Smaritan hospital is located approximately one mile south of the property and is the region's largest hospital. The University of Nebraska-Kearney is a public university with enrollment of 7,000 students that is located approximately one mile southwest of the Starbucks. Approximately 35,000 people live within a three mile radius of the property

Starbucks is a publicly traded company on the NASDAQ (SBUX) with a market capitalization in excess of $85 billion. Starbucks is an investment grade rated company with a Standard & Poor's rating of A-. Starbucks operates as a roaster, marketer, and retailer of specialty coffee worldwide. As of March 27, 2016, it operated 23,921 stores. Starbucks Corporation was founded in 1985 and is based in Seattle, Washington.

NET LEASE INVESTMENT OFFERING

INVESTMENT HIGHLIGHTS

INVESTMENT HIGHLIGHTS:

? Investment grade rated tenant (S&P:A-) ? Tenant is a publicly traded company (NASDAQ: SBUX) with a market capitalization in excess of $85 billion ? Long term brand new ten year lease ? 10% rental escalations every five years throughout the primary term and renewal option periods ? Recently renovated building (2016) ? Located at a hard corner along the trade area's primary north-south thoroughfare (29,000 VPD) ? Outparcel to a Family Fresh Market grocery anchored center ? Central location within a primary retail destination that includes Walmart Supercenter, Target, JCPenney, Hy-Vee,

Walgreens, Menards, Office Max, Ashley Furniture, US Bank, Wells Fargo Bank and Bank of the West

? Approximately one mile northeast of the University of Nebraska-Kearney which has an enrollment in excess of 7,000

students

? One mile north of the CHI Health Good Samaritan hospital which is the largest in the region ? Approximately 35,000 people living within a three mile radius of the property

NET LEASE INVESTMENT OFFERING

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