1176 304 loop | Crockett, TX 75835
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- LoopNet Team
1176 304 loop
Crockett, TX 75835
Starbucks | Crockett, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year corporate net lease to Starbucks Corporation (NASDAQ: “SBUX”)
- 8% rental increases every five (5) years
- Per Statista, customers go to Starbucks six times per week on average
- Investment-grade tenant, rated “BBB+” by Standard & Poor’s
- Starbucks is the world’s premier coffee company, with over 35,711 locations and $32.3 billion in annual revenue
- 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
0.01
Lot Size
4.53 AC
PROPERTY TAXES
| Parcel Number | 0030994 | Improvements Assessment | $0 |
| Land Assessment | $349,420 | Total Assessment | $349,420 |
PROPERTY TAXES
Parcel Number
0030994
Land Assessment
$349,420
Improvements Assessment
$0
Total Assessment
$349,420
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