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Restaurant

Starbucks

605 TX-31, Chandler, TX 75758

Listing Price: $2,527,000

Cap Rate
6.00%
Tenant Name
Starbucks
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,608
Lease Type
Double Net
Rent Per Square Feet
$58.13

Investment Overview

Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69
countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select
Market (“NASDAQ”) under the symbol “SBUX.”
Chandler is a city in Henderson County, Texas, located at the northern end of Lake Palestine. Texas State Highway 31 runs through the center of Chandler, leading east 11 miles to Tyler and southwest 24 miles to Athens, the Henderson County seat. There are roughly 3,275 residents in Chandler.

Investment Highlights

  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 65,836 Residents in Growing Chandler Trade Area - Households and Population Projected to Increase Approximately 7% in the Immediate Area by 2028
  • Adjacent to Brookshire's Grocery Store and Surrounded by National Tenants: McDonald's, Taco Bell, AutoZone, and More
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

Starbucks

Listing Price: $2,527,000

Cap Rate
6.00%
Tenant Name
Starbucks
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,608
Lease Type
Double Net
Rent Per Square Feet
$58.13

Investment Highlights

  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 65,836 Residents in Growing Chandler Trade Area - Households and Population Projected to Increase Approximately 7% in the Immediate Area by 2028
  • Adjacent to Brookshire's Grocery Store and Surrounded by National Tenants: McDonald's, Taco Bell, AutoZone, and More
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options

Investment Overview

Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” Chandler is a city in Henderson County, Texas, located at the northern end of Lake Palestine. Texas State Highway 31 runs through the center of Chandler, leading east 11 miles to Tyler and southwest 24 miles to Athens, the Henderson County seat. There are roughly 3,275 residents in Chandler.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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