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Restaurant

Starbucks

1328 TX-16, Graham, TX 76450

Listing Price: $2,387,000

Cap Rate
6.20%
Tenant Name
Starbucks
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
2,134
Lease Type
Double Net
Rent Per Square Feet
$69.35

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.” The company purchases and roasts high-quality coffees
that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores.
Graham, Texas, is a city located in the north-central part of the state. It serves as the county seat of Young County and is part of the larger Wichita Falls Metropolitan Statistical Area. Graham is situated approximately 100 miles west of the Dallas- Fort Worth metroplex, making it accessible for visitors and residents looking for a quieter, rural setting with proximity to major urban areas. It is also about 50 miles south of Wichita Falls and around 70 miles north of the city of Abilene.

Investment Highlights

  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New 2024 Construction with a Drive-Thru
  • Average Household Income Exceeds $98,000 within an Immediate Distance
  • More Than 1,000 Households within a 1-Mile Radius
  • Near National tenants such as: Dairy Queen, Dollar Tree, Ace Hardware, Whataburger, Best Western, and more

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: $2,387,000

Cap Rate
6.20%
Tenant Name
Starbucks
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
2,134
Lease Type
Double Net
Rent Per Square Feet
$69.35

Investment Highlights

  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New 2024 Construction with a Drive-Thru
  • Average Household Income Exceeds $98,000 within an Immediate Distance
  • More Than 1,000 Households within a 1-Mile Radius
  • Near National tenants such as: Dairy Queen, Dollar Tree, Ace Hardware, Whataburger, Best Western, and more

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.” The company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores. Graham, Texas, is a city located in the north-central part of the state. It serves as the county seat of Young County and is part of the larger Wichita Falls Metropolitan Statistical Area. Graham is situated approximately 100 miles west of the Dallas- Fort Worth metroplex, making it accessible for visitors and residents looking for a quieter, rural setting with proximity to major urban areas. It is also about 50 miles south of Wichita Falls and around 70 miles north of the city of Abilene.

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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