Brand New Starbucks in North Austin Market | 2026 Construction with Drive-Thru Along I-35
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.