1313 SW H K Dodgen Loop
Temple, TX 76502
Starbucks W/ Drive-Thru · Retail Property For Sale

1. Ideal Starbucks Location – This property fronts State Highway 190 and is located across the street from the Temple Mall and across the South 31st street overpass from two Baylor Scott and White Regional Hospitals and a new large-scale multi-family development. 2. Superior Retail Location – This is an adjacent out-parcel to a 73,000 sf HEB grocery store. HEB is ranked as the 2020 top grocer within the US by Super Market News, and continues to be the dominant grocer in the state of Texas. Neighboring tenants within this 200,000 sf shopping center also include Kohl’s, Party City, Burkes Outlet, and Kay Jewelers. 3. Core Texas Market – Temple is located approximately one hour north of Austin and two hours south of Dallas-Fort Worth, near Waco, Texas home to Baylor University. It has a 5 Mile daytime population of 106,199 that has grown more than 12% in the last decade. 4. Below Market Price – The property is listed at just over $1.25M which is one of the cheapest Starbucks on the market. Most new Starbucks typically pay nearly double the rent making this an extremely safe investment. 5. Commitment to Location – Starbucks has been at this location since 2004 and in 2014 re-negotiated a new 10-year term with two five-year options, each with an 8% rent increase. 6. Best in Class Tenant – Starbucks is considered a top tier tenant in the real estate industry. Starbucks has an investment grade credit rating of BBB+ (S&P) and is ranked 15th on the Fortune 500 list. They have nearly 30,000 locations throughout the world and a market cap north of $100 Billion.