1176 304 loop
Crockett, TX 75835
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year corporate net lease to Starbucks Corporation (NASDAQ: “SBUX”)
- 8% rental increases every five (5) years
- New high-quality 2023 construction built to latest Starbucks prototype
- Investment-grade tenant, rated “BBB+” by Standard & Poor’s
- Site features a dual-lane drive-thru and ample parking for added customer convenience
- Low NOI relative to the average NOI of on-market Starbucks ($140,409)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,950 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.70 AC
PROPERTY TAXES
| Parcel Number | 0030994 | Improvements Assessment | $0 |
| Land Assessment | $447,890 | Total Assessment | $447,890 |
