•	Lease signed by corporate entity: Starbucks Corporation (S&P: BBB+)
•	Brand new 10-year lease with 6 (5-year) options to extend, demonstrating their commitment to the site
•	Lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation
•	Favorable lease structure with no termination language
•	Tenant reimburses for taxes and insurance, and maintains part of the premises
•	Landlord responsibilities limited to capital repairs to roof and structure
•	Ideal, low-management investment for a passive investor in a state with no state income tax

Offering Memorandum

Confidentiality Agreement

•	Starbucks is strategically located within Hope Preserve Development, a 46+ acre development that will become a new epicenter in Lee County for medical, retail, and hospitality
•	Hope Preserve will include 124-key hotel, several large medical office users totaling over 100,000 SF, two surgery centers, 30,000+ SF of general office, and more
•	The Preserve in Fort Myers is already located within the development, a three-story, 118,000 SF assisted living community
•	Subject property is positioned less than 2 miles South of the Gulf Coast Medical Center, a $347M general hospital with 268 beds
•	Surrounding development will provide a direct customer base for Starbucks to pull from
•	Positioned at the hard corner intersection of 6 Mile Cypress Pkwy and Beckwith Dr, one of the multiple entrances of Hope Preserve
•	The asset is equipped with a drive-thru, providing ease and convenience for customers
•	Starbucks benefits from significant street frontage and ease of access
•	More than 126,400 residents and 89,000 employees support the immediate trade area
•	Affluent $104,656 average household income

Fort Myers, FL - Starbucks

<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

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Fort Myers, FL - Starbucks

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Patrick Nutt

William Wamble