In the highly competitive world of net lease investments, coffee chains have become a major battleground. With the rise of online shopping and changing consumer preferences, net lease investors have been looking to coffee chains as a safe bet for steady returns. As a result, major players in the coffee industry have been expanding rapidly, with Starbucks and Dutch Bros leading the charge. This growth has led to intense competition among these chains and an ongoing "coffee war" in the net lease sector. 

Starbucks is often considered the top coffee chain from a net lease investment perspective due to its strong brand recognition and consistent financial performance, translating to stable, long-term revenue streams for investors. With a BBB+ credit rating, lenders can easily finance the deals, making them more accessible to a wider variety of buyers. 

Starbucks typically signs 10-year leases with rent increases in the base term, which can provide investors with a reliable and predictable income stream. However, their leases include landlord responsibilities of roof and structure, occasionally extending the responsibilities to parking lot and landscaping.