Starbucks
Pad to Walmart | Lease Just Extended in 1st Option | Low Rent
Investment highlights
Starbucks Recently Exercised their First of Four Options Periods – Ending 5/30/2031 with No Reduction in Rent There are 3 (5 Year) Options Remaining
Each Option Period has 10% increase Every 5 Years – Providing NOI Growth & Hedge Against Inflation
Approximately 3 Hotels within 1 mile of the Property totaling ~170 Rooms along the I-20 Corridor
Closest Free Standing Drive Thru Starbucks is ~7 Miles Away
1 Mile from Abilene Christian University (ACU) with 6,000+ Students & Faculty - Supporting Daily Traffic and Constant Student Turnover
Proximity to Major Data Center Infrastructure Investment – Located (9) miles from the 1,200-acre Vantage Data Centers “Frontier” campus, a $25B hyperscale development delivering 1.4 GW of capacity across 10 facilities (initial delivery 2026), driving significant construction activity, permanent jobs, and increased demand for housing and daily-needs retail.
Located minutes to Hendrick Medical Center North – One of the Region’s Largest Employers and Healthcare Hubs
Abilene MSA Population of 180,000+ with Continued Growth Supported by Dyess Air Force Base
Traffic Counts along TX-351 Are 18,824 VPD and Interstate 20 are 23,937 VPD
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