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2975 MAIN ST Ingleside TX 78362

APN 115827

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Details
Property Type Retail
Sub Type QSR/Fast Food
Building SqFt 2,230
Lot SqFt 37,520
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code M
Year Built 2025
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Storefront
Asking Details
Asking Price
$2,472,000
Asking Cap Rate
6.35%
Asking NOI
$157,000
Marketing Description
  • ​Brand New 10-Year Starbucks Lease | 10% Rent Increases Every 5 Years | (4) 5-Year Options
  • ​Primary Retail Corridor With Surrounding National Tenants Including Walmart, Walgreens, McDonald's, Taco Bell, Harbor Freight, And Others
  • ​Adjacent to H-E-B Anchored Center | High-Traffic Grocery & Fuel Destination
  • ​Port of Corpus Christi Economic Engine | Largest U.​S.​ Crude Export Gateway | $113B+ Output
  • ​Ingleside, TX – Coastal Bend Industrial Hub | 20 Minutes to Corpus Christi | Port & Tourism Driven
Investment Highlights
  • ​Brand New 10 Year Lease with (4) 5-Yr Options to Renew; 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing the NOI and hedging against inflation.
  • ​Signalized Hard-Corner on Ingleside’s Primary Retail Corridor - Located on Main St / TX-361, the city’s primary commercial thoroughfare, near the signalized intersection of FM 1069 & TX-361 (30,900+ VPD). The corridor carries commuter, industrial, and coastal tourism traffic connecting Corpus Christi, Portland, Aransas Pass, and Port Aransas, supporting strong daily drive-thru demand.
  • ​Adjacent to H-E-B Anchored Retail Center - Positioned next to a high-performing H-E-B-anchored center with H-E-B Fuel, creating a dominant grocery and daily-needs retail destination that drives consistent consumer traffic and repeat visits to surrounding retailers.
  • ​Dense Retail & National Tenant Corridor - Situated within Ingleside’s primary retail node surrounded by national tenants including Taco Bell, Subway, Whataburger, Dollar Tree, Dairy Queen, Valero, Pizza Hut, and more, reinforcing the site as one of the city’s most active consumer corridors.
  • ​Regional Economic Strength from the Port of Corpus Christi - Located within the orbit of the Port of Corpus Christi, the largest U.S. crude oil export gateway, supporting $113B+ in annual economic output and ~864,000 jobs statewide, providing long-term stability for retail demand across the Coastal Bend region.
  • ​Ingleside, TX: Industrial Coastal Bend Hub Near Corpus Christi - Ingleside (~9,900 residents) sits 20 minutes from Corpus Christi and functions as an industrial and residential community within the Corpus Christi MSA, benefiting from port activity, energy infrastructure, tourism to Mustang Island & Port Aransas, and strong regional commuter flows.
  • ​Starbucks: The World's Leading Coffeehouse Chain With Over 17,000 U.S. Locations - Starbucks is Rated BBB+ by S&P, reports $36.69 billion in revenue, and operates over 40,000 worldwide locations.
Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food
Marketing Description
  • Brand New 10-Year Starbucks Lease | 10% Rent Increases Every 5 Years | (4) 5-Year Options

  • Primary Retail Corridor With Surrounding National Tenants Including Walmart, Walgreens, McDonald's, Taco Bell, Harbor Freight, And Others

  • Adjacent to H-E-B Anchored Center | High-Traffic Grocery & Fuel Destination

  • Port of Corpus Christi Economic Engine | Largest U.​S.​ Crude Export Gateway | $113B+ Output

  • Ingleside, TX – Coastal Bend Industrial Hub | 20 Minutes to Corpus Christi | Port & Tourism Driven

Investment Highlights
  • Brand New 10 Year Lease with (4) 5-Yr Options to Renew; 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing the NOI and hedging against inflation.

  • Signalized Hard-Corner on Ingleside’s Primary Retail Corridor - Located on Main St / TX-361, the city’s primary commercial thoroughfare, near the signalized intersection of FM 1069 & TX-361 (30,900+ VPD). The corridor carries commuter, industrial, and coastal tourism traffic connecting Corpus Christi, Portland, Aransas Pass, and Port Aransas, supporting strong daily drive-thru demand.

  • Adjacent to H-E-B Anchored Retail Center - Positioned next to a high-performing H-E-B-anchored center with H-E-B Fuel, creating a dominant grocery and daily-needs retail destination that drives consistent consumer traffic and repeat visits to surrounding retailers.

  • Dense Retail & National Tenant Corridor - Situated within Ingleside’s primary retail node surrounded by national tenants including Taco Bell, Subway, Whataburger, Dollar Tree, Dairy Queen, Valero, Pizza Hut, and more, reinforcing the site as one of the city’s most active consumer corridors.

  • Regional Economic Strength from the Port of Corpus Christi - Located within the orbit of the Port of Corpus Christi, the largest U.S. crude oil export gateway, supporting $113B+ in annual economic output and ~864,000 jobs statewide, providing long-term stability for retail demand across the Coastal Bend region.

  • Ingleside, TX: Industrial Coastal Bend Hub Near Corpus Christi - Ingleside (~9,900 residents) sits 20 minutes from Corpus Christi and functions as an industrial and residential community within the Corpus Christi MSA, benefiting from port activity, energy infrastructure, tourism to Mustang Island & Port Aransas, and strong regional commuter flows.

  • Starbucks: The World's Leading Coffeehouse Chain With Over 17,000 U.S. Locations - Starbucks is Rated BBB+ by S&P, reports $36.69 billion in revenue, and operates over 40,000 worldwide locations.

  • *Roof and Structure Landlord Responsibility (15-Yr. Roof Warranty)

Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant
Asking Details
Asking Cap Rate
******
Marketing Description

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Starbucks investment property located in Ingleside, Texas. The tenant, Starbucks, recently signed a brand new 10 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

The Starbucks is located near the signalized, hard corner intersection of Farm to Market Rd. 1069 and State Highway 361, combining to average over 30,900 vehicles passing by daily. State Highway 361, is the major retail thoroughfare serving the city of Ingleside. The Starbucks is located adjacent to a HEB center that also includes an HEB Fuel and a Domino’s pad. The Starbucks is located less than 6-miles from a 100,000+ square foot Walmart Supercenter and Acadedmy Sports anchored shopping center, the center also includes Chili’s, KFC, Firehouse Subs, and GameStop pads . In addition, Starbucks is less than a 6-mile drive from Wildcat Plaza, a 75,000+ square foot shopping center that features national/credit tenants including Wing Stop, Domino’s, Planet Fitness, Dollar Tree, Papa John’s, and many more. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Taco Bell, Subway, Dollar Tree, Valero, Dairy Queen, Pizza Hut, Whataburger, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 21,135 and 7,329 employees with an average household income of $86,110.

Investment Highlights
  • Brand-New 10 Year Lease | Options To Extend | Drive-Through Equipped

  • NN Lease | Fee Simple Ownership | Zero Landlord Responsibilities

  • (100,000+ SF) Walmart Supercenter & Academy Sports | Primary Retail Corridor

  • Strong Demographics In 5-Mile Trade Area

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
CS
Calvin Short PRO
LIC: 01927216
•••.•••.2009
••••••.•hort@•••••.com
Brokerage logo
Sold on
 BY:
MC
Matt Coates PRO
LIC: CA 01980718
•••.•••.2654
••••.••ates@•••••.com
Brokerage logo
Sold on
 BY:
AC
Aron Cline PRO
LIC: CA 01904371
•••.•••.0233
••••.•line@•••••.com
Brokerage logo
Sold on
 BY:
GC
Gary Chou PRO
LIC: 01911222
•••.•••.2012
••••.chou@•••••.com
Brokerage logo
Sold on
 BY:
BD
Ben Deskins
LIC: 819990
•••.•••.1962
•.•••kins@•••••••••••.com
Listing removed on
 BY:
BD
Ben Deskins PRO
LIC: TX 819990
•••.•••.3296
••••kins@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
BM
Bob Moorhead PRO
LIC: TX 548333
•••.•••.7200
bob@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
JC
Joe Caputo PRO
LIC: TX 597891
•••.•••.7200
joe@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
ML
Morgan LeCorgne PRO
LIC: TX 840834
•••.•••.7878
•••••rgne@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
GB
Garrison Berkley PRO
LIC: 843004
•••.•••.4766
••••kley@••••••••••••••.com
Brokerage logo

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