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2405 salado driveSalado, TX 76571
Starbucks
Asset ClassRetail
Year Built2026
Brand New Starbucks in North Austin Market | 2026 Construction with Drive-Thru Along I-35
overview of deal

Overview

  • New 10-Year Corporate Net Lease to Starbucks (NASDAQ: SBUX): Investment-grade tenant (BBB+ S&P) with scheduled rent increases throughout the primary term and options
  • Brand New 2026 Construction with Drive-Thru: Highly desirable prototype with drive-thru component, Starbucks’ most profitable format
  • Low Management Investment: Favorable self-maintain lease structure with minimal landlord responsibilities and no CAM
  • Strategic I-35 Frontage Location (88,586 ADT): Positioned along the primary north-south corridor connecting Austin, Waco, and Dallas-Fort Worth
  • Located within New 64-Acre Salado Center Development: Adjacent to QuikTrip, Taco Bell, and future national tenants, with additional commercial and residential components
  • Strong Demographics & Growth: Population of 291,904 within 15 miles and average household income of $143,837 within 3 miles
  • Proximity to Major Demand Drivers: Less than one mile from multiple schools including a high school undergoing a major expansion, generating consistent daily traffic

 

This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

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2405 salado driveSalado, TX 76571

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