Kennedy Investments is pleased to offer the opportunity to acquire a Double Net (NN), corporate signed, 2,500 square foot, freestanding, drive-thru Starbucks (S&P BBB+) in Wesley Chapel, FL (Tampa MSA). Delivered in November 2023, and situated on 1.1 acres, this brand new NN lease with limited landlord responsibilities, features a 10 year primary lease term with 10% rent escalations every five years, including the six 5 year renewal options. Starbucks (Nasdaq: SBUX) is a globally renowned coffeehouse chain and one of the most recognizable brands in the world. With over 35,000 locations worldwide and over $32B in revenue, Starbucks has become the market standard for coffeehouses across the globe. The subject property is strategically located on Wesley Chapel Blvd (18,500 VPD) with visibility and direct access to/from I-75 (113,000 VPD) providing some of the best retail exposure in the corridor. Wesley Chapel, a vibrant suburb nestled in the heart of Pasco County, is just 25 miles north of Tampa and has an ever growing population of 80,000+ residents. Population growth in the area continues to outpace construction exemplified by the numerous projects underway including, but not limited to, Two Rivers (6,000+ homes), Esplanade (1,500+ homes) and Vidas Way (4,000 homes). Boasting an AHHI of $109,000 within a 5 mile radius, this generational location is unmatched in terms of visibility, traffic counts and demographics. Located directly off I-75 (113,000 VPD), Starbucks will greatly benefit from highway traffic patrons in addition to the neighboring communities, retailers and businesses. Starbucks is ideally situated within a dense retail corridor and is near the Groves, Krate and the Tampa Premium Outlets. Surrounding national/credit tenants include Honda, Hyundai, Lexus, Toyota, Publix, Walmart among many others. The draw to the car dealerships and surrounding national retailers in the immediate vicinity promote additional crossover exposure to the corridor.