1176 304 loop - Fast Food FOR SALE
Crockett, TX 75835 |
1176 304 loop
Crockett, TX 75835
HIGHLIGHTS
- New 10-year corporate net lease to Starbucks Corporation (NASDAQ: “SBUX”)
- Investment-grade tenant, rated “BBB+” by Standard & Poor’s
- 8% rental increases every five (5) years
- Site features a dual-lane drive-thru and ample parking for added customer convenience
- New high-quality 2023 construction built to latest Starbucks prototype
- Low NOI relative to the average NOI of on-market Starbucks ($140,409)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Starbucks
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
1950
STORIES
1
YEAR BUILT
2023
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0030994
