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| Price $2,636,000 | Built/Renov 2024 | Tenant Starbucks |
| Cap Rate 5.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,027
| Lease Start
02-03-2024
| #Units
38,038
|
| Price/SF $1,300.44 | Expiration
02-28-2034
| Tenant Type Fast Food/QSR |
| NOI $145,000 | R. Term 9.2 | Ownership Fee Simple |
| Rent/SF
$71.53
| Increases 10.0%/5/yrs | Pop 5Mi 258,059 |
| Lot/AC 1.19 | Options 4/5yrs/8% | AHHI 5Mi $122,652 |
| | |
Starbucks is strategically located at the hard corner intersection of Schultz Lane and A W Grimes Blvd., with access to a combined daily traffic count of 14,461 vehicles. The property is less than 2 miles from the Round Rock Dell Campus and surrounded by top 25% nationwide locations for national tenants, including Walmart, The Home Depot, Hobby Lobby, Kohl’s, 7-Eleven, and Dollar Tree, as...
...New construction
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Income tax free state
Brand new lease
Traded and rated company
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 | |
| 2029 Total Population : | 17,659 | 120,516 | 268,845 |
| 2024 Total Population : | 17,903 | 117,849 | 258,059 |
| 2024 Employed Civilian Pop : | 11,465 | 71,983 | 153,996 |
| 2024 Total Businesses : | 233 | 3,620 | 7,962 |
| 2024 Average Household Income : | $ 131,517 | $ 118,851 | $ 122,652 |
| 2024 Total Consumer Spending : | $ 767 M | $ 4758 M | $ 10551 M |
| 2024 Median Age : | 36 | 35 | 35 |
| 2024 Total Households : | 6,677 | 45,457 | 97,726 |
| 2024 Pop Age 25+: Bachelor's Degree : | 4,165 | 24,334 | 53,693 |
| 2024 Average Home Value : | $ 495,028 | $ 501,348 | $ 511,979 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| A W Grimes | Pflugerville Loop | 2010 | 14,230 | 0.04 mi |
| Pflugerville Loop | Schultz Ln | 2015 | 14,461 | 0.04 mi |
| Schultz Ln | Springbrook Rd | 2015 | 3,961 | 0.06 mi |
| Schultz Ln | Springbrook Rd | 2005 | 2,710 | 0.08 mi |
| W Pflugerville Pkwy | Pflugerville Loop | 2015 | 6,297 | 0.10 mi |
| W Pflugerville Pkwy | W Pflugerville Loop | 2015 | 15,572 | 0.12 mi |
| E Pflugerville Loop | Kilkenny Dr | 2005 | 8,900 | 0.22 mi |
| Pflugerville Loop | Pecos River Trl | 2015 | 14,454 | 0.33 mi |
| Co Rd 170 | Pflugerville Loop | 2010 | 17,440 | 0.35 mi |
| Picadilly Dr | Tortoise St | 2015 | 2,934 | 0.53 mi |
Tempe, AZ
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,575
Lawrence, KS
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
St. Petersburg, FL
Cap Rate 4.65%
Lease Abs NNN
R. Term 7.30 yrs
Size/SF 3,575
Jacksonville, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 1,708
Delray Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 724
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Nashville, TN
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 950
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 890
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 530
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 959
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 530
Burnsville, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 1,052
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 2,370
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 400
Penitas, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 1,227
Parker, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 624
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Moreno Valley, CA
Cap Rate 4.55%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Hilton Head Island, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,335
Tucson, AZ
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 828
Oak Creek, WI
Cap Rate 5.53%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 1,829
Allen, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 5,678
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 3,016
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
St. Augustine, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 950
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,977
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,990
Haltom City, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,995
Quincy, IL
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 3,062
East Liverpool, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.80 yrs
Size/SF 5,062
Lake Worth, TX
Cap Rate 5.94%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 3,290
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
