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Restaurant

Starbucks | Across Target & HEB Plus

1402 SW Wilshire Blvd, Burleson (Dallas-Fort Worth MSA), TX 76028

Listing Price: $1,607,000

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
4.1
Guarantor
Corporate Guarantee
Rentable SF
1,750
Lease Type
Double Net
Rent Per Square Feet
$52.80

Investment Overview

Marcus & Millichap is pleased to present the Starbucks in Burleson, Texas.

Investment Highlights

  • 4 Years Remaining with 10% Increases Every 5 Years
  • 16-Year Operating History at This Location, Proven Concept in the Trade Area
  • Corporate Guaranty, Investment Grade Credit Tenant Rated BBB+ by S&P
  • Ranked #114 on the Fortune 500, Annual Revenue Exceeds $26.5 Billion
  • All-Brick Building with a Drive-Thru, Limited Landlord Responsibilities
  • Serving Approximately 100,000 Residents in Rapidly Growing Fort Worth Suburb
  • Average Household Income Exceeds $93,000 within a 1 and 3-Mile Radius

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Starbucks | Across Target & HEB Plus

Listing Price: $1,607,000

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
4.1
Guarantor
Corporate Guarantee
Rentable SF
1,750
Lease Type
Double Net
Rent Per Square Feet
$52.80

Investment Highlights

  • 4 Years Remaining with 10% Increases Every 5 Years
  • 16-Year Operating History at This Location, Proven Concept in the Trade Area
  • Corporate Guaranty, Investment Grade Credit Tenant Rated BBB+ by S&P
  • Ranked #114 on the Fortune 500, Annual Revenue Exceeds $26.5 Billion
  • All-Brick Building with a Drive-Thru, Limited Landlord Responsibilities
  • Serving Approximately 100,000 Residents in Rapidly Growing Fort Worth Suburb
  • Average Household Income Exceeds $93,000 within a 1 and 3-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the Starbucks in Burleson, Texas.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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