| Price $2,295,000 | Built/Renov 2023 | Tenant Starbucks |
| Cap Rate 5.60% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,160
| Lease Start
10-02-2023
| #Units
38,038
|
| Price/SF $1,062.50 | Expiration
10-01-2033
| Tenant Type Fast Food/QSR |
| NOI $128,500 | R. Term 9.4 | Ownership Fee Simple |
| Rent/SF
$59.49
| Increases 10.0%/6/yrs | Pop 5Mi 9,253 |
| Lot/AC 0.90 | Options 4/5yrs/10% | AHHI 5Mi $72,497 |
| | |
Starbucks is strategically located on US-271, with access to 17,589 vehicles passing by daily. The property boasts a prime location near Walmart Supercenter, Dollar Tree, and Brookshire’s grocery store. Notably, it stands as the sole Starbucks within an 18-mile radius. Moreover, the site is conveniently situated less than 1 mile from the venue of The East Texas Yamboree, a historic festival...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
Highway location
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 : | 2,889 | 6,293 | 9,415 |
| 2023 Total Population : | 2,894 | 6,249 | 9,253 |
| 2023 Employed Civilian Pop : | 1,031 | 2,290 | 3,448 |
| 2023 Total Businesses : | 304 | 409 | 443 |
| 2023 Average Household Income : | $ 65,289 | $ 66,138 | $ 72,497 |
| 2023 Total Consumer Spending : | $ 64 M | $ 143 M | $ 233 M |
| 2023 Median Age : | 42 | 41 | 42 |
| 2023 Total Households : | 1,119 | 2,436 | 3,623 |
| 2023 Pop Age 25+: Bachelor's Degree : | 388 | 710 | 1,045 |
| 2023 Average Home Value : | $ 160,976 | $ 166,647 | $ 183,582 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Wood Street | Thomas St | 2022 | 17,589 | 0.14 mi |
| State Hwy 155 N | Green St | 2002 | 5,900 | 0.38 mi |
| State Highway 155 | Evergreen PkDr | 2022 | 5,752 | 0.43 mi |
| North Wood Street | Hwy 155 N | 2022 | 17,096 | 0.48 mi |
| State Hwy 155 N | N Cypress St | 2002 | 5,600 | 0.49 mi |
| State Highway 155 | N Roberts St | 2022 | 6,233 | 0.52 mi |
| North Wood Street | E Cass St | 2022 | 22,575 | 0.75 mi |
| N Wood St | E Jefferson St | 2002 | 18,700 | 0.81 mi |
| East Marshall Street | S Roberts St | 2022 | 6,610 | 0.86 mi |
| East Marshall Street | S Chandler St | 2022 | 9,161 | 0.87 mi |
Mesa, AZ
Cap Rate 5.35%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,325
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 950
Morristown, TN
Cap Rate 5.30%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 990
Canton, GA
Cap Rate 5.00%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 4,078
Harrisonville, MO
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 3,787
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 950
Orlando, FL
Cap Rate 4.76%
Lease Abs NNN
R. Term 16.10 yrs
Size/SF 2,090
Bridgeport, CT
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 3,000
Georgetown, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
Oklahoma City, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 780
Berlin, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 2,400
Monmouth, OR
Cap Rate 5.81%
Lease Abs NNN
R. Term 15.11 yrs
Size/SF 2,302
Daytona Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Stillwater, OK
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 981
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.80 yrs
Size/SF 3,016
Nashville, TN
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Wildwood, NJ
Cap Rate 5.00%
Lease Abs NNN
R. Term 9.70 yrs
Size/SF 1,150
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Sacramento, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 1,901
St. Augustine, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Schertz, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 664
Joplin, MO
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 3,787
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 2,518
Richmond, KY
Cap Rate 5.40%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 950
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 4,488
Colorado Springs, CO
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 2,800
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.70 yrs
Size/SF 3,147
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 959
Kansas City, MO
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Sacramento, CA
Cap Rate 4.65%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 2,240
Las Vegas, NV
Cap Rate 5.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 573
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
