The Offering is a newly constructed net lease Starbucks. The Property was built in 2021 and features a 10-year NNN lease. Located along Pacific Hwy N in Shelton, Washington, the Property sits across the street from the Fred Meyer-anchored shopping center and a Walmart Supercenter. An 800-acre, master-planned community called Shelton Hills is in the planning stages in close proximity to the Property, and is scheduled to bring an estimated +/- 1,800 housing units to the immediate trade area.