Starbucks - Net Lease Property for Sale
New Boston, TX
Key Investment Metrics
Price
$2,391,666
Cap Rate
6.0%
Net Operating Income
$143,500
Building Size
1650 SF
Lot Size
1,650 SF
Land Area
0.511 Acres
Remaining Term
8.7 years
Lease Expiration
08/31/2034
Lease Term
10 years
Lease Commencement
08/26/2024
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Bumps Every 5 Years
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in New Boston, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 1650 square feet of building space and was built in 2024.
With a cap rate of 6.0%, this Starbucks net lease property offers stable income potential. The asking price is $2,391,666, 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.
New Boston, TX Market Overview
Located in New Boston, TX, this Starbucks property benefits from strong local demographics and market fundamentals. The New Boston area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.