598 Jackson St, Jacksonville, TX 75766

Colliers is pleased to present to qualified investors the opportunity to acquire the single-tenant net lease Starbucks property located in Jacksonville, Texas.

The ±2,000 SF freestanding building was recently constructed in 2022 as a build-to-suit for Starbucks Corporation who signed a 10-year corporately guaranteed lease with four (4) 5-year options to extend. The lease features scheduled rental increases every 5 years, and minimal landlord responsibilities, making this an ideal investment opportunity for a passive investor.

The property is located at the hard corner of S Jackson St. and San Antonio St, and is shadow anchored by the UT Health Jacksonville General Hospital. The S Jackson retail corridor averages over 22,000 vehicles per day and features a strong mix of national retailers including McDonalds, Chick-fil-A, KFC, Whataburger, Panda Express, Super 1 Foods, Walmart, and many more.

Jacksonville is a fast-growing city in East Texas located 40 minutes south of Tyler. The Tyler-Jacksonville combined statistical area has a population of over 300,000 residents. As the most populous city in Cherokee County, Jacksonville is positioned for success, offering the perfect balance of country lifestyle with urban convenience.