Restaurant

Starbucks D-Thru | Dallas-Fort Worth MSA | Direct Access off Hwy w/ Pylon Signage | New Construction

211 N Main St, Euless (Dallas-Fort Worth MSA), TX 76039

Listing Price: $2,266,667

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
8.70
Gross SF
909
Guarantor
Corporate Guarantee
Rentable SF
909
Price/Gross SF
$2,493.58
Lease Type
Double Net
Rent Per Square Feet
$130.91

Investment Overview

Euless is a city in Tarrant County, Texas, and a suburb of Dallas and Fort Worth. Euless is part of the Mid-Cities region between Dallas and Fort Worth. The Dallas-Fort Worth Metropolitan Statistical Area, and is one of the fastest-growing counties in the United States. The population is 7,690,420 according to the U.S. Census Bureau’s 2018 population estimates, making it the most populous metropolitan area in both Texas and the Southern United States, the fourth-largest in the U.S., and the tenth-largest in the Americas. In 2016, Dallas–Fort Worth ascended to the number one spot in the U.S. in year-over-year population growth. The region’s economy is primarily based on banking, commerce, insurance, telecommunications, technology, energy, healthcare, medical research, transportation and logistics. In 2020, Dallas–Fort Worth is home to 25 Fortune 500 companies.

Investment Highlights

  • Starbucks New Drive-Thru/Walk-Up Concept Location - Lease Features 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 14-Year Historical Occupancy.
  • Tenant Tore Down Prior Building to Build New Facility in 2019. Features 20-Year Roof Warranty. Positioned Along Area's Major Traffic & Retail Corridor.
  • Features Easy Access and Excellent Visibility with a Prominent Pylon Signage at a Signalized Prime Hard Corner, along the Highly Trafficked Hwy-183 with Daily Traffic Counts Exceeding 134k Vehicles.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #114 on the Fortune 500 List with an Annual Revenue of more than $26.5 Billion.
  • Densely Populated and Affluent Area: Features an Average Household Income of $86k+ and more than 232k People Residing within a 5-Mile Radius.
  • The Local Economy has added Jobs at one of the Fastest Rates in the Nation, Averaging more than 100k Per Year since 2012, Outpacing the National Economy and Resetting the Bar for Market Performance.
  • Near DFW International Airport - The Fourth Busiest Airport in the World and the Primary International Airport Serving the Dallas–Fort Worth Metroplex Area with more than 75M Passengers Annually.
  • Near Numerous National Retailers including The Home Depot, Kroger, Office Depot, ALDI, CVS Pharmacy, Walgreens, Ross Dress For Less and many more.

Exclusively Listed By

Restaurant

Starbucks D-Thru | Dallas-Fort Worth MSA | Direct Access off Hwy w/ Pylon Signage | New Construction

Listing Price: $2,266,667

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
8.70
Gross SF
909
Guarantor
Corporate Guarantee
Rentable SF
909
Price/Gross SF
$2,493.58
Lease Type
Double Net
Rent Per Square Feet
$130.91

Investment Highlights

  • Starbucks New Drive-Thru/Walk-Up Concept Location - Lease Features 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 14-Year Historical Occupancy.
  • Tenant Tore Down Prior Building to Build New Facility in 2019. Features 20-Year Roof Warranty. Positioned Along Area's Major Traffic & Retail Corridor.
  • Features Easy Access and Excellent Visibility with a Prominent Pylon Signage at a Signalized Prime Hard Corner, along the Highly Trafficked Hwy-183 with Daily Traffic Counts Exceeding 134k Vehicles.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #114 on the Fortune 500 List with an Annual Revenue of more than $26.5 Billion.
  • Densely Populated and Affluent Area: Features an Average Household Income of $86k+ and more than 232k People Residing within a 5-Mile Radius.
  • The Local Economy has added Jobs at one of the Fastest Rates in the Nation, Averaging more than 100k Per Year since 2012, Outpacing the National Economy and Resetting the Bar for Market Performance.
  • Near DFW International Airport - The Fourth Busiest Airport in the World and the Primary International Airport Serving the Dallas–Fort Worth Metroplex Area with more than 75M Passengers Annually.
  • Near Numerous National Retailers including The Home Depot, Kroger, Office Depot, ALDI, CVS Pharmacy, Walgreens, Ross Dress For Less and many more.

Investment Overview

Euless is a city in Tarrant County, Texas, and a suburb of Dallas and Fort Worth. Euless is part of the Mid-Cities region between Dallas and Fort Worth. The Dallas-Fort Worth Metropolitan Statistical Area, and is one of the fastest-growing counties in the United States. The population is 7,690,420 according to the U.S. Census Bureau’s 2018 population estimates, making it the most populous metropolitan area in both Texas and the Southern United States, the fourth-largest in the U.S., and the tenth-largest in the Americas. In 2016, Dallas–Fort Worth ascended to the number one spot in the U.S. in year-over-year population growth. The region’s economy is primarily based on banking, commerce, insurance, telecommunications, technology, energy, healthcare, medical research, transportation and logistics. In 2020, Dallas–Fort Worth is home to 25 Fortune 500 companies.

Exclusively Listed By

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