| Price $2,227,000 | Built/Renov 2023 | Tenant Starbucks |
| Cap Rate 5.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,382
| Lease Start
04-01-2023
| #Units
38,038
|
| Price/SF $934.93 | Expiration
03-31-2033
| Tenant Type Fast Food/QSR |
| NOI $122,500 | R. Term 8.10 | Ownership Fee Simple |
| Rent/SF
$51.43
| Increases 10.0%/5/yrs | Pop 5Mi 78,914 |
| Lot/AC 0.78 | Options 4/5yrs/10% | AHHI 5Mi $95,806 |
| | |
Starbucks is strategically located on I-35, with access to a substantial daily traffic count of 95,931 vehicles. The property's advantageous location includes close proximity to a Walmart Supercenter-anchored shopping center. Additionally, the site is adjacent to several shopping centers such as Central Texas Marketplace, Waco Centre, and Brazos Place Shopping Center. The surrounding area...
...New construction
Dense retail corridor
Near major nationals
Freeway visibility
Affluent suburb location
Major MSA
Income tax free state
Traded and rated company
Corporate Guarantee
Investment grade tenant
Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,332 | 28,777 | 80,393 |
| 2023 Total Population : | 3,282 | 28,324 | 77,246 |
| 2023 Employed Civilian Pop : | 1,674 | 14,713 | 38,819 |
| 2023 Total Businesses : | 135 | 930 | 3,531 |
| 2023 Average Household Income : | $ 107,801 | $ 110,365 | $ 96,268 |
| 2023 Total Consumer Spending : | $ 117 M | $ 1004 M | $ 2476 M |
| 2023 Median Age : | 38 | 39 | 39 |
| 2023 Total Households : | 1,279 | 10,637 | 29,736 |
| 2023 Pop Age 25+: Bachelor's Degree : | 544 | 5,156 | 12,627 |
| 2023 Average Home Value : | $ 224,281 | $ 236,711 | $ 246,549 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Greig Dr W | I- 35 Svc Rd | 2010 | 970 | 0.11 mi |
| Sun Valley Boulevard | Spring Valley Rd | 2022 | 16,150 | 0.16 mi |
| Sun Valley Blvd | I- 35 Svc Rd | 2010 | 9,380 | 0.20 mi |
| Sun Valley Blvd | Mc Lemore | 2002 | 11,000 | 0.29 mi |
| East Spring Valley Road | Enterprise Blvd | 2022 | 3,796 | 0.30 mi |
| Attaway Rd | Willow Creek | 2010 | 720 | 0.48 mi |
| Greig Dr W | Heston Cir | 2010 | 1,520 | 0.48 mi |
| E Spring Valley Rd | Attaway Rd | 2002 | 4,800 | 0.51 mi |
| Surrey Ridge Ln | I- 35 Svc Rd | 2010 | 760 | 0.68 mi |
| North Old Temple Road | Lancelot Cir | 2022 | 11,734 | 0.69 mi |
Morristown, TN
Cap Rate 5.30%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 990
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 950
Mesa, AZ
Cap Rate 5.35%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,325
Phoenix, AZ
Cap Rate 5.12%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 830
Orlando, FL
Cap Rate 4.76%
Lease Abs NNN
R. Term 16.10 yrs
Size/SF 2,090
Harrisonville, MO
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 3,787
Lubbock, TX
Cap Rate 5.40%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
Canton, GA
Cap Rate 5.00%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 4,078
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 950
Bridgeport, CT
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 3,000
Richmond, KY
Cap Rate 5.40%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Monmouth, OR
Cap Rate 5.81%
Lease Abs NNN
R. Term 15.11 yrs
Size/SF 2,302
Joplin, MO
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 3,787
Stillwater, OK
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 981
Orlando, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 4,242
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 4,488
Berlin, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 2,400
Las Vegas, NV
Cap Rate 5.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 573
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.70 yrs
Size/SF 3,147
Schertz, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 664
Colorado Springs, CO
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
Ellenwood, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 4,604
Sacramento, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 1,901
Kansas City, MO
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Daytona Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Sacramento, CA
Cap Rate 4.65%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 2,240
Oklahoma City, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 780
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 2,518
Montgomery, AL
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 4,122
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
