Skip to main content

Restaurant

Starbucks | Brand New Construction | Home Depot Outparcel

2140 N Jupiter Rd, Garland, TX 75044

Listing Price: $3,413,000

Cap Rate
3.75%
Tenant Name
Starbucks
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
2,300
Lease Type
Double Net
Rent Per Square Feet
$55.65

Investment Overview

--Prime Retail Location-- --Located Near the Intersection of Jupiter Road and Buckingham Road (Combined Traffic Counts Exceed 64,200 Cars Per Day) --Located Directly Across from Albertsons Anchored Shopping Center --Within Close Proximity to Several Major Retailers such as Target, Lowe’s Home Improvement, Harbor Freight Tools, Burlington, Walgreens, Chase, and Many More --Corporate Starbucks-- --NN Property with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market --Starbucks has Over 33,000 Locations in Operation --Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation --Pride of Property Ownership in Garland, TX-- --Dense, Infill Location with Over 372,000 Residents within 5 Miles, Creating a Large Customer Base --Daytime Population of Over 442,000 Demonstrates the High Employment in the Area --Affluent Area with the Average Household Income Exceeding $87,000 within 5 Miles --Garland is the Twelfth Most Populous City in the State of Texas and is Located Just 15 Miles North of Downtown Dallas, TX --Population Increase of Over 30,000 Residents Since 2010, Demonstrating Garland’s Recent Rapid Growth

Investment Highlights

  • Brand New 2022 Construction
  • Brand New 10-Year Corporate Lease with Starbucks
  • Outparcel to Home Depot |Drive-Thru Location to Accommodate Additional Order Volume

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Starbucks | Brand New Construction | Home Depot Outparcel

Listing Price: $3,413,000

Cap Rate
3.75%
Tenant Name
Starbucks
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
2,300
Lease Type
Double Net
Rent Per Square Feet
$55.65

Investment Highlights

  • Brand New 2022 Construction
  • Brand New 10-Year Corporate Lease with Starbucks
  • Outparcel to Home Depot |Drive-Thru Location to Accommodate Additional Order Volume

Investment Overview

--Prime Retail Location-- --Located Near the Intersection of Jupiter Road and Buckingham Road (Combined Traffic Counts Exceed 64,200 Cars Per Day) --Located Directly Across from Albertsons Anchored Shopping Center --Within Close Proximity to Several Major Retailers such as Target, Lowe’s Home Improvement, Harbor Freight Tools, Burlington, Walgreens, Chase, and Many More --Corporate Starbucks-- --NN Property with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market --Starbucks has Over 33,000 Locations in Operation --Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation --Pride of Property Ownership in Garland, TX-- --Dense, Infill Location with Over 372,000 Residents within 5 Miles, Creating a Large Customer Base --Daytime Population of Over 442,000 Demonstrates the High Employment in the Area --Affluent Area with the Average Household Income Exceeding $87,000 within 5 Miles --Garland is the Twelfth Most Populous City in the State of Texas and is Located Just 15 Miles North of Downtown Dallas, TX --Population Increase of Over 30,000 Residents Since 2010, Demonstrating Garland’s Recent Rapid Growth

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

MM Texture Background
MM Textured Background Lower