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1328 Hwy 16 S
Graham, TX 76450
STARBUCKS · Retail Property For Sale

Investment Highlights

  • Brand New 10-Year Lease – No Early Termination clause, demonstrating long-term commitment to the site. Rent Commencement Expected June 2024.
  • NN Lease Structure – Passive Investment with minimal LL responsibilities – Ideal for Buyer in 1031 Exchange.
  • Limited Competition – The subject property is the only Starbucks drive-thru in Graham, TX, and will strategically serve the entire city.
  • 2024 Construction – Little to no deferred maintenance.
  • Strong Renal Increases – The rent increases 10% in 2029, increasing investors yield to 6.71% within the first 5 years of ownership.
  • Pride of Ownership – Largest Coffee Brand in the World – Starbucks boasts 38,000 stores globally in 84 countries

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,134 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.58 AC
Zoning
F1 - Commercial

Amenities

  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
1329
Land Assessment
$114,830
Improvements Assessment
$562,930
Total Assessment
$677,760
  • Listing ID: 31727284

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 1328 Hwy 16 S, Graham, TX 76450

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