Listed by Secure Net Lease
$2,795,000
Starbucks
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,308
Cap Rate 5.80%
NOI $162,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Dunkin'
Lease Term 10
Lease Expiration 08/31/2035
Remaining Term 9.1
Rent Bumps Yes
Lease Options (4) 5-Year Renewal Options
Price per SqFt $1,211
Year Built 2025
Buildings 1
Stories 1
Acreage 0.880
Investment Type Net Lease
Lease Commencement 08/31/2025
Ground Lease No
5.80% CAP | Interstate 45 Location | TXDOT Signage Northbound & Southbound
Marketing description
- Brand New Construction | New Prototype w/ Drive-Thru
- 10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years
- Rare Self-Maintaining Lease – Starbucks Handles All Day-to-Day Maintenance
- Excellent Highway Location Directly off of Interstate 45 (42,850+ VPD), a Major North-South Highway Connecting Houston & Dallas
- Starbucks has TXDOT Exit 142 Signage on I-45 Northbound & Southbound
- Across the Street from a Top 5 Ranked Buc-ee’s (6.5 Million Visitors/Yr)
- Starbucks is The World's Leading Coffeehouse Chain With 18,627 Locations in North America & 40,789 Locations Worldwide
Investment highlights
- Brand New Construction | New Prototype w/ Drive-Thru
- 10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years, in Primary Term and Options, with (4) 5-Year Option Periods
- Rare Self-Maintaining Lease – Starbucks Handles All Day-to-Day Maintenance
- Excellent Highway Location - Subject property is located directly off of Interstate 45 (42,850+ VPD), on Hwy 21/Main St (12,780+ VPD). I-45 is a major north-south highway in eastern Texas, connecting Galveston, Houston, and Dallas, serving as a critical corridor for both regional and interstate travel.
- Across the Street from a Top 5 Ranked Buc-ee’s (6.5 Million Visitors/Year) - This Buc-ee's site is a highly popular and well-known travel stop located on Interstate 45 just north of Huntsville, making it a key stop for travelers between Houston and Dallas.
- Positioned for Success Due to Limited Competition & Strong Brand Loyalty - The limited competition landscape allows Starbucks to dominate the coffee and quick-service beverage segment locally and for travelers along I-45, while their strong brand loyalty ensures sustained repeat business and customer engagement.
- Centrally Located - Madisonville sits halfway between Houston and Dallas along Interstate 45, just 40 miles from College Station. This central location makes it ideal for travelers, business, and regional events, with easy access from Texas’ largest cities. Madisonville was founded at a key transportation hub, lying at the junction of I‑45, U.S. 190, U.S. 75, and SH 21, making it a natural crossroad between regional routes.
- Starbucks: The World's Leading Coffeehouse Chain With Over 18,627 North American Locations - Starbucks is Rated BBB+ by S&P, reports $36.69 billion in revenue, and operates over 40,789 locations.
Listing Contacts
Listed by Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,000.00
$13,500.00/mo
Valuation Metrics
0
DSCR
5.8%
Cap Rate
5.8%
ROI
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