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| Price $2,150,000 | Built/Renov 2023 | Tenant Starbucks |
| Cap Rate 6.00% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
1,649
| Lease Start
02-05-2024
| #Units
38,038
|
| Price/SF $1,303.82 | Expiration
02-28-2034
| Tenant Type Fast Food/QSR |
| NOI $129,000 | R. Term 9.5 | Ownership Fee Simple |
| Rent/SF
$78.23
| Increases 10.0%/5/yrs | Pop 5Mi 3,421 |
| Lot/AC 0.72 | Options 4/5yrs/10% | AHHI 5Mi $81,756 |
| | |
Starbucks is strategically located on Riddle Road, with access to 43,041 vehicles passing by daily. The property benefits from a strategic location along a major arterial linking Dallas to Austin, close to Pilot Travel Center, Love’s Travel Stop, Dollar General, McDonald’s, Denny’s, Exxon, Taco Bell, and a Tesla Supercharger. Additionally, the Shell Station is in the top 10% of locations...
...New construction
Build to suit
Near major nationals
Freeway visibility
Top 100 MSA
Income tax free state
Brand new lease
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...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
