RARE Absolute NNN 15-Year Ground Lease | 3-D Printed 2025 Construction | 30-Years of Options with Increases
The tenant recently signed a new 15-year absolute NNN ground lease, offering a hands-free investment property for an out-of-town investor
10% rent increases every 5 years throughout the primary term and (3) 10-year option periods provide a hedge against inflation
New 2025 construction built 100% with 3-D printing technology, the first Starbucks location of its kind
Investment-Grade Tenant (BBB+/Baa1) | World’s Largest Coffee Chain | Top Ranked Company
Investment grade tenant – the corporate lease is backed by Starbucks Corporation, a globally recognized tenant with over 40,200 locations across 80 countries, a BBB+/Baa1 credit rating from S&P and Moody’s, and $36B in annual revenue
Ranked #1 in the Food Services Industry and #126 overall on the Fortune 500
Strategic Location | Surrounded by Top National Retailers | Excellent Traffic and Access
Strategically located on Boca Chica Boulevard, a major east-west thoroughfare, between a Walmart Supercenter ranked in the top 94% of all Walmart locations nationwide according to Placer.ai and an H-E-B Grocery, providing a steady customer base
High-traffic location – situated on Boca Chica Boulevard with ~39,000 VPD, two blocks east of I-69 East with ~106,000 VPD
Excellent access and visibility from Boca Chica Boulevard and Los Ebanos with ample parking and drive-through options
Robust Demographics | Growing Population and Household Incomes | No State Income Tax
Densely Populated and Affluent Trade Area with over 185,000 residents within 5 miles with an average household income over $65,000, projected to increase to over $74,800 by 2029 (~15%)
The Rio Grande Valley has a very strong Hispanic population and cross-border synergy with Matamoros, MX, with a population of more than 540,000
Income Tax-Free State
Local Drivers | Nearby Attractions
2 miles north of The University of Texas Rio Grande Valley Brownsville campus, home to approximately 5,800 students
1.5 miles south of Homer Hanna High School (~2,246 students)
2.5 miles north of the US/Mexico border
5 miles from Brownsville South Padre Island International Airport
Brownsville is currently experiencing a construction boom fueled by significant economic growth and strategic investments in infrastructure and development. This is driven by factors such as the expanding Port of Brownsville, SpaceX’s presence, and broader diversification of the local economy. The city is actively pursuing capital improvement projects, including infrastructure enhancements, downtown revitalization, and new facilities like a Public Safety Center and a multi-purpose arena