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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
| Parcel Number | 1329 | Improvements Assessment | $562,930 |
| Land Assessment | $114,830 | Total Assessment | $677,760 |
Property Taxes
Parcel Number
1329
Land Assessment
$114,830
Improvements Assessment
$562,930
Total Assessment
$677,760
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