18975 US-175Mabank, TX 75147
Starbucks | Mabank, Texas
Asset ClassRetail
10 Year Corporate Starbucks with No Early Termination
Overview
- New 10 Year Lease with No Early Termination – Stable Cash Flow Asset with Minimal Landlord Responsibilities – Four (5-Year) Options to Renew
- Rare Self-Maintain Lease – Starbucks Handles All Day-to-Day Maintenance, Providing for a Unique, Passive Starbucks Investment
- Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
- Corporately Guaranteed Lease by Starbucks Corporation (NASDAQ: SBUX) with an S&P Credit Rating of BBB+ – Over $36.1 Billion in Revenue in 2024 and a Market Cap of Over $128.3 Billion
- Iconic Global Brand – Starbucks is the Second Largest Fast-Food Chain in the World and the Largest Coffeehouse in the World with More Than 40,000 Locations in 87 Countries
- Pride of Ownership Asset Featuring Starbucks Latest Prototype Design – a Modern and Aesthetically Pleasing Property
- Equipped with a 13-Car Stack Drive-Thru Lane Situated on a Large 1.135-Acre Parcel Containing 32 Parking Spaces, Providing Starbucks with the Ability to Effectively Handle High Customer Volume
- High Traffic Location with Excellent Visibility – More Than 26,000 Vehicles Per Day on US-175 & Over 9,000 Vehicles Per Day on Nearby N. Third St (TX-198)
- Strong Demographics – Over 18,000 People within a 5-Mile Radius of the Property with Average Household Income Exceeding $92,000 Annually
- Over 990,000 Square Feet of Industrial, Office Space within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 600 Businesses & 5,000 Employees
- Situated Adjacent to an Atwood’s Ranch & Home Store That Has Seen Over 337,000 Visits Over the Last Calendar Year
- Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset
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18975 US-175Mabank, TX 75147
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