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Restaurant

Starbucks

4013 S Sam Houston Pkwy E, Houston, TX 77047

Listing Price: $2,363,636

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
7.4
Gross SF
2,100
Guarantor
Corporate Guarantee
Rentable SF
2,100
Price/Gross SF
$1,125.54
Lease Type
Double Net
Rent Per Square Feet
$61.90

Investment Overview

This Starbucks is located in Houston MSA, less than 30 minutes from downtown. It was built in 2021 and boasts a 10-Year lease with a corporate guarantee. Sam Houston Parkway has over 14,000 vehicles per day and Sam Houston Tollway has over 97,000 vehicles per day. The area surrounding the asset is also seeing explosive growth and development.

Investment Highlights

  • Recently Developed 10-Year Starbucks with Four (4), 5-Year Options
  • Investment Grade Guarantee from Starbucks Corporate - No Kick-Out Clause
  • Huge Traffic Counts from Sam Houston Parkway and Cullen Road
  • 377,000 Population Count in a 5-Mile Radius with $172,000 Average Household Income within a 1-Mile Radius
  • Explosive Growth and Development Surrounding the Asset

Exclusively Listed By

Financing By

Listing Price: $2,363,636

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
7.4
Gross SF
2,100
Guarantor
Corporate Guarantee
Rentable SF
2,100
Price/Gross SF
$1,125.54
Lease Type
Double Net
Rent Per Square Feet
$61.90

Investment Highlights

  • Recently Developed 10-Year Starbucks with Four (4), 5-Year Options
  • Investment Grade Guarantee from Starbucks Corporate - No Kick-Out Clause
  • Huge Traffic Counts from Sam Houston Parkway and Cullen Road
  • 377,000 Population Count in a 5-Mile Radius with $172,000 Average Household Income within a 1-Mile Radius
  • Explosive Growth and Development Surrounding the Asset

Investment Overview

This Starbucks is located in Houston MSA, less than 30 minutes from downtown. It was built in 2021 and boasts a 10-Year lease with a corporate guarantee. Sam Houston Parkway has over 14,000 vehicles per day and Sam Houston Tollway has over 97,000 vehicles per day. The area surrounding the asset is also seeing explosive growth and development.

Exclusively Listed By

Financing By

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