Starbucks Multi-Tenant NNN Investment 2609 S Jack Kultgen Expy 4,036 SF 100% Leased Retail Building Waco, TX 76711 $2,300,000 ($569.87/SF) 6.01% Cap Rate

Located along South Jack Kultgen Expressway in Waco, Texas, this 4,036 SF commercial retail property offers a rare, stabilized investment anchored by one of the world's most recognized brands. With two established tenants already in place and long-term leases secured, this asset delivers immediate, dependable income with minimal landlord risk.
The crown jewel of this offering is Suite 1, occupied by Starbucks under a lease in effect through 2033 with extension options available. The suite has benefited from over $250,000 in recent tenant improvements, underscoring Starbucks' long-term commitment to the location — a strong signal of confidence that any investor should take note of. Suite 2 is leased to Tikka House Indian Eatery through 2031, also with extension options, rounding out a complementary tenant mix that drives consistent foot traffic to the center.
Zoned C-3 General Commercial, the property sits in a premier position along Interstate Highway 35, one of Texas' most heavily traveled corridors, with over 120,400 vehicles passing daily. South Jack Kultgen Expressway adds an additional 3,400 vehicles per day (TxDOT 2022), ensuring exceptional visibility and accessibility for both tenants and their customers. Ample on-site parking further enhances the appeal of this well-positioned asset.
Financials/Rent Roll are available upon request. This property represents an outstanding opportunity for investors seeking a credit-tenanted, low-management asset in one of Central Texas' strongest retail corridors.
For more information on this and our other available listings, please call our office at 254.870.0050 or visit us online at OnwardCRE.com today!