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Starbucks 307 E Expressway 83 2,395 SF Retail Building Mission, TX 78572 $2,640,000 ($1,102.30/SF) 6.25% Cap Rate
Investment Highlights
- 2025 Construction. 2,395+/- SF Building on 0.58+/- Acre Site
- Directly Surrounded by Walmart, Home Depot, McDonald’s, T-Mobile & More
- Starbucks Operates 40,000+ Stores in 86 Countries and Reported $36 Billion in 2023 Revenue
- Excellent Location Along Expressway 83 (112,286 VPD) in Major Regional Retail Corridor
- Minutes from Mission Regional Medical Center (1,000+ Employees) and UTRGV (32,441 Students)
- Mission, TX | Highest Median Household Income in Rio Grande Valley | Population: 88,251
Executive Summary
Brand New 10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,395 SF
Building Class
C
Year Built
2025
Price
$2,640,000
Price Per SF
$1,102.30
Cap Rate
6.25%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.58 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | E4650-01-000-006D-00 | Improvements Assessment | $258,004 |
| Land Assessment | $273,456 | Total Assessment | $531,460 |
Property Taxes
Parcel Number
E4650-01-000-006D-00
Land Assessment
$273,456
Improvements Assessment
$258,004
Total Assessment
$531,460
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Starbucks | 307 E Expressway 83
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