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Starbucks and T-Mobile - Corporate

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					   Starbucks and T-Mobile - Corporate! !                                                                           !
   2518-20 Jefferson Street
   Joliet, IL 60435

   Property Summary
   !   Price:!    !       !         !                   !         $3,570,280
   !   Annual NOI: ! !          !                       !         $223,142.50
   !   Cap Rate:! !       !                                    ! 6.25%
   !   Total Building Area:!    !                       !         5,405
   !   Lot Size (Sq. Ft):!!                                     ! 48,046
   !   Price Per Square Foot:!      !                             $660.55
   !   Rent Per Square Foot:!       !                             $41.28
   !   Year Built/Year Renovated: !                               2007

   Rental adjustments
   ! Current NOI:!                !           !                !    $223,142.50
   ! Increases:!!                !           !          !           Years 1-5: !  $223,142.50
   ! !          !                !           !          !           Years 6-10: ! $248,307

   Tenant Information
   !   Property Name:! !         !                      !           Starbucks!      !                  !           !           T-Mobile
   !   Tenant/Guarantor:!        !                      !           Starbucks Corporate!               !           !           Deutsche Telecom Corporate
   !   Ownership of Tenant:! !                          !           Public! !       !                  !           !           Public
   !   S&P Rating:!      !       !                      !           BBB+ Stable! !                     !           !           A-
   !   Tenant Net Worth:!        !                      !           $2.228 Billion! !                  !           !           $69.641 Billion
   !   Ticker Symbol:! !         !                      !           SBUX!!          !                  !           !           DT
   !   Web Site:!!       !       !                      !           www.starbucks.com!                 !           !           www.t-mobile.com
   !                             !
       Retail Unit (Square Feet):!                      !           1,936! !        !                  !           !           3,469

   Lease Information
   !   Lease Term:!       !    !                        !           10 years!       !     !      !       10 years
   !   Lease Commencement Date:!                        !           March 27, 2007!       !      !       March 27, 2007
   !   Rent Commencement Date:!                         !           April 30, 2007! !     !      !       April 30, 2007
   !   Lease Term Remaining:! !                         !           10 years!       !     !      !       10 years
   !   Lease Expiration Date:! !                        !           April 2017!     !     !      !       April 2017
   !   Property Type:! !       !                        !           Free Standing Retail! !      !       Free Standing Retail
   !   Rental Increases:! !    !                        !           Years 1-5: ! $79,666.50!     !       $146,476.50
   !   !         !        !    !                        !           Years 6-10: ! $88,704!!      !       $159,602.78
   !   Options:! !        !    !                        !           Four 5-Year Options with 10% increases


The information contained here-within this document is believed to be reliable, although GAIA Real Estate Investments makes no warranty or representation on the accuracy of
 the information. Please understand the property information is subject to change without notice. Buyer must verify all information and assumes all risk for any inaccuracies.
   ! Lease Notes:!               !           !          !           Net. Net. Landlord responsible for roof & structure. This property may
   ! !         !                 !           !          !           be purchased as a package with 2 other Starbucks and 1 Starbucks and
   ! !         !                 !           !          !           T-Mobile location.
   Tenant Notes
   Starbucks:
   The world's #1 specialty coffee retailer, Starbucks has more than 12,000 coffee shops in more than 35 countries. The
   outlets offer coffee drinks and food items, as well as beans, coffee accessories, and teas. Starbucks owns about 7,100
   of its shops, which are located in about 10 countries (mostly in the US), while licensees and franchisees operate more
   than 5,300 units worldwide (primarily in shopping centers and airports). The company also owns the Seattle's Best
   Coffee and Torrefazione Italia coffee brands. In addition, Starbucks markets its coffee through grocery stores and
   licenses its brand for other food and beverage products. Year-end 2006 sales of $7.8 Billion.

   T-Mobile:
   T-Mobile USA is a national provider of wireless voice, messaging, and data services capable of reaching over 268
   million Americans where they live, work, and play. Around the country, our Personal Coverage Check gives
   customers a clear picture of their local coverage. T-Mobile USA is the US operating entity of T-Mobile International
   AG & Co., the mobile communications subsidiary of Deutsche Telekom AG & Co. K.G. (NYSE: DT). Deutsche
   Telekom is one of the largest telecommunications companies in the world, with more than 80 million customers
   worldwide.

   Area information
   Joliet is a highly dense southwest Chicago suburb approximately 45 miles southwest of downtown. As of the 2000
   census, the city had a total population of 106,221. A special census conducted in 2006 that was released on June 28,
   2007 pegged the city's population at a certified 142,702. Joliet is currently the fastest-growing city in the Midwest
   and the 12th-fastest-growing city in the United States among cities larger than 100,000 people.

   The site is located by the proposed Wal-Mart Supercenter, which also includes Advance Auto Parts, Chase Bank,
   Menard’s and Applebee’s. The site benefits from having signalized access at Jefferson & Barney.

   Demographic information
   !   !       !     !      1 Mile !                                3 Miles             ! 5 Miles
   Population:!!     !      15,742 !                                60,444 !              127,147
   Average Household Income:$69,185 !                               $63,659 !             $65,726
                            $
   Median Household Income: ! 50,644 !                              $50,668 !             $53,266
   !

   For more information contact:

   GAIA Real Estate Investments
   858-488-0591 Main
   866-229-0490 FAX
   Info@gaiarealestateinvestments.com
   www.gaiarealestateinvestments.com




The information contained here-within this document is believed to be reliable, although GAIA Real Estate Investments makes no warranty or representation on the accuracy of
 the information. Please understand the property information is subject to change without notice. Buyer must verify all information and assumes all risk for any inaccuracies.

				
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posted:7/30/2011
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