2975 Main St - Freestanding FOR SALE


Ingleside, TX 78362
$2,553,000 USD
949-506-2009
2975 Main St, Ingleside, TX for Sale
$2,553,000 USD
Freestanding - FOR SALE
1/9
null | 6.15% Cap Rate

2975 Main St
Ingleside, TX 78362


HIGHLIGHTS

  • Brand-New 10 Year Lease | Options To Extend | Drive-Through Equipped
  • NN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • (100,000+ SF) Walmart Supercenter & Academy Sports | Primary Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Starbucks investment property located in Ingleside, Texas. The tenant, Starbucks, recently signed a brand new 10 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,553,000 USD

PRICE/SF

$1,145 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | New 10yr Corp NN w/ Incrs | DrThr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

2139-0185-0000-019

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.