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Restaurant

Starbucks w/ Dr-Thru | College Station - Home to Texas A&M University | 2024 Construction

910 S Texas Ave, College Station, TX 77803

Listing Price: $2,445,455

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
10.3
Gross SF
2,200
Guarantor
Corporate Guarantee
Rentable SF
2,200
Price/Gross SF
$1,111.57
Lease Type
Double Net
Rent Per Square Feet
$61.14

Investment Overview

College Station is a city in Brazos County, Texas, situated in East-Central Texas in the heart of the Brazos Valley, towards the eastern edge of the region known as the Texas Triangle. It is 83 miles northwest of Houston and 87 miles east-northeast of Austin. As of the 2020 census, College Station had a population of 120,511. College Station and Bryan make up the Bryan-College Station metropolitan area, the 13th-largest metropolitan area in Texas with 273,101 people as of 2019. College Station is home to the main campus of Texas A&M University, the flagship institution of the Texas A&M University System. The city owes its name and existence to the university’s location along a railroad. Texas A&M’s triple designation as a Land-, Sea-, and Space-Grant institution reflects the broad scope of the research endeavors it brings to the city, with ongoing projects funded by agencies such as NASA, the National Institutes of Health, the National Science Foundation, and the Office of Naval Research.

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and at Each Option. Brand New 2024 High Quality Construction.
  • Positioned Along Area's Retail & Traffic Corridor: Hard Corner Location - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 26k Vehicles.
  • In Close Proximity to Texas A&M University - one of the Largest Systems of Higher Education in the United States, with a budget of $6.3 Billion and an Enrollment of more than 74k Students.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #120 on the Fortune 500 List with an Annual Revenue of more than $32.25 Billion.
  • Walking Distance from Numerous Schools including Blinn College, a Public Junior College with a Total Enrollment of 17k+ Students, Bryan High School (2,355+ Students), and more.
  • Near Chi St. Joseph Health - a 167-Bed Medical Center and Facility offering a Level III Trauma unit, serving the Bryan, College Station and other Surrounding Communities.
  • Densely Populated Area: Features more than 130k People Residing within a 5-Mile Radius. College Station the No. 8 Fastest-Growing College Town in the Country (doubled since 2000).
  • Minutes from Easterwood Airport - a Regional Airport providing Daily Flights to Dallas/Fort Worth, Houston and Seasonal Service to Birmingham, Alabama.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Restaurant

Starbucks w/ Dr-Thru | College Station - Home to Texas A&M University | 2024 Construction

Listing Price: $2,445,455

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
10.3
Gross SF
2,200
Guarantor
Corporate Guarantee
Rentable SF
2,200
Price/Gross SF
$1,111.57
Lease Type
Double Net
Rent Per Square Feet
$61.14

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and at Each Option. Brand New 2024 High Quality Construction.
  • Positioned Along Area's Retail & Traffic Corridor: Hard Corner Location - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 26k Vehicles.
  • In Close Proximity to Texas A&M University - one of the Largest Systems of Higher Education in the United States, with a budget of $6.3 Billion and an Enrollment of more than 74k Students.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #120 on the Fortune 500 List with an Annual Revenue of more than $32.25 Billion.
  • Walking Distance from Numerous Schools including Blinn College, a Public Junior College with a Total Enrollment of 17k+ Students, Bryan High School (2,355+ Students), and more.
  • Near Chi St. Joseph Health - a 167-Bed Medical Center and Facility offering a Level III Trauma unit, serving the Bryan, College Station and other Surrounding Communities.
  • Densely Populated Area: Features more than 130k People Residing within a 5-Mile Radius. College Station the No. 8 Fastest-Growing College Town in the Country (doubled since 2000).
  • Minutes from Easterwood Airport - a Regional Airport providing Daily Flights to Dallas/Fort Worth, Houston and Seasonal Service to Birmingham, Alabama.

Investment Overview

College Station is a city in Brazos County, Texas, situated in East-Central Texas in the heart of the Brazos Valley, towards the eastern edge of the region known as the Texas Triangle. It is 83 miles northwest of Houston and 87 miles east-northeast of Austin. As of the 2020 census, College Station had a population of 120,511. College Station and Bryan make up the Bryan-College Station metropolitan area, the 13th-largest metropolitan area in Texas with 273,101 people as of 2019. College Station is home to the main campus of Texas A&M University, the flagship institution of the Texas A&M University System. The city owes its name and existence to the university’s location along a railroad. Texas A&M’s triple designation as a Land-, Sea-, and Space-Grant institution reflects the broad scope of the research endeavors it brings to the city, with ongoing projects funded by agencies such as NASA, the National Institutes of Health, the National Science Foundation, and the Office of Naval Research.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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