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Starbucks 5721 Georgia St

2,020 SF Retail Building Amarillo, TX 79110 $3,569,189 CAD ($1,767 CAD/SF) 5.65% Cap Rate

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Investment Highlights

Starbucks is responsible for taxes, insurance, and maintenance, offering the landlord a passive, low-risk income stream
Starbucks’ stable business model ensures consistent rental income for investors

Lease backed by Starbucks Corporation, a globally recognized brand with over 35,000 locations worldwide
Includes a 10-year lease term with four (4) additional five-year renewal options, providing long-term investment security

Executive Summary

This property is located along South Georgia Street, one of Amarillo’s busiest commercial corridors, with significant daily traffic flow and close proximity to I-27 and Loop 335, providing excellent visibility and exposure to a consistent stream of commuters and local customers. The property benefits from its proximity to John Stiff Memorial Park, a large recreational hub featuring sports fields, walking trails, and family picnic areas, as well as the Don Harrington Discovery Center, a popular destination for families and tourists, driving additional weekend and evening traffic. This Starbucks features the brand’s latest design and energy efficient systems, reducing operational costs while offering an inviting and convenient experience for customers. The drive-thru lane caters to the area’s busy professionals and families, ensuring quick service for those on the go. The surrounding area is experiencing rapid residential growth, with developments like City View and Hillside Terrace Estates bringing new families and professionals into the region. This expanding population base ensures a steady stream of local customers while also attracting visitors to the area’s shopping and dining destinations. The property is located in a region of Amarillo with strong local demographics, including a high average household income, supporting strong retail demand and ensuring consistent foot traffic for businesses like Starbucks. As a globally recognized brand, Starbucks guarantees a loyal customer base, enhancing the long-term viability of the property and making it an attractive investment opportunity in Amarillo’s growing retail market.