Starbucks 2002 State Hwy. 105 E 2,365 SF Retail Building Navasota, TX 77868 $3,619,540 CAD ($1,530.46 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 2024 Construction. 2,365+/- SF Building on 0.689+/- Acre Site
- Situated Along State Highway 105 E, a Major East-West Corridor, this Site Benefits From High Visibility & Traffic Flow (16k+ VPD)
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World, Ranked Most Valuable Brand Globally for 8 Years
- Drive-Thru Format: Features a Drive-Thru, Catering to Both Locals and Commuters, Offering Convenience and Efficiency
- Nearby Tenants Include: Jack in the Box, Stripes, Shell, NAPA, Ford, & more.
- Navasota | 70 Mi. NW of Houston & 30 Mi. S of College Station | Population: 7,843+
EXECUTIVE SUMMARY
New Construction Site with 10 Year Net Lease, 10% Rental Escalation the Primary Term and (4) 5-Year Option Periods
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,365 SF
Year Built
2024
Price
$3,619,540 CAD
Price Per SF
$1,530.46 CAD
Cap Rate
6%
NOI
$217,245 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Opportunity Zone
Yes
Parking
28 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
70’ on Texas 105
