Starbucks - Net Lease Property for Sale
Harker Heights, TX
Key Investment Metrics
Price
$2,381,600
Cap Rate
6.3%
Net Operating Income
$148,850
Building Size
1672 SF
Lot Size
1,672 SF
Land Area
1 Acres
Remaining Term
8.7 years
Lease Expiration
03/31/2035
Lease Term
10 years
Lease Commencement
03/18/2025
Lease Type
NN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years; 04/01/2030
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Harker Heights, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 1672 square feet of building space and was built in 2024.
With a cap rate of 6.3%, this Starbucks net lease property offers stable income potential. The asking price is $2,381,600, making it an attractive option for 1031 exchange investors seeking quality Starbucks commercial properties.
Why Invest in Starbucks NNN Properties?
- Stable Income: Starbucks net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Starbucks is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Harker Heights, TX Market Overview
Located in Harker Heights, TX, this Starbucks property benefits from strong local demographics and market fundamentals. The Harker Heights area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.