OFFERING SUMMARY
Price: $2,476,190
Cap Rate: 5.25%
Gross Leasable Area: 2,100 SF
NOI: $130,000
OFFERING HIGHLIGHTS
- Recently Developed 10-Year Starbucks with Four (4), 5-Year Options
- Investment Grade Guarantee from Starbucks Corporate – No Kick Out Clause
- Huge Traffic Counts from Sam Houston Parkway and Cullen Road
- 377,000 Population Count in a 5-Mile Radius with $172,000 Average Household Income within a 1-Mile Radius
- Explosive Growth and Development Surrounding the Asset