Brand New Construction – STNL Starbucks (NASDAQ: SBUX) – Investment Grade Credit Tenant. Long Term Lease – New 10 Year Lease term – 7.5% Rental Increases Every 5 Years. High Traffic Intersection – Major Corridor – 46,700+ VPD at the W 1700 S & S 1000 W. Easy Access and Excellent Visibility – Benefits from Designated Left Turn Lane into the Property. Surrounding National Retailers: Walgreens, Smith’s Food and Drug, Walmart Supercenter, McDonald’s, Dollar Tree, 7-Eleven, AutoZone and More. Close Proximity to Syracuse, UT’s Main Employment Center – Companies Include Northrop Grumman, Americold Logistics, US Cold Storage and More.
Double Net Lease Walgreens Located in Salt Lake City MSA. 4 Years Remaining on Term with Six-5 Year Options to Renew. 2001 Construction | Long Term Double Net Lease | Corporate Guarantee. Freestanding Drug Store Building with Drive-Thru Leased to Walgreens with 15.8% Rent Increase in 5 Years.