Published on: Friday, August 16, 2024
Updated on: Friday, August 16, 2024
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About the Lister
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Name: Eric Vu
Company: Anchor Point Capital
Office Phone:  949.667.1077
Cell Phone:  949.667.1077
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Financing  Business  Material
  Starbucks
2451 E Orem Dr Houston Texas , 77047
2451 E Orem Dr Houston Texas                                                                                               , 77047Anchor Point Capital
Listing ID: CL-Texas-11384

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Texas-11384
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2024
Building Size: 2,000.00 SqFt
Lot Size: 37,026.00 SqFt.
No of Stories: 1
No of Parking: 25
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Starbucks New Construction, Houston, TX . Brand New 2024 High Quality Construction; New 10 Year Corporate Lease to Starbucks Corporation
Complete Details
Year Build: 2024
Building Size: 2,000 SqFt.
No of Stories: 1
Total Lot Area: 37026 SqFt.
No of Parking: 25
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 100%
Full Description
Brand New 2024 High Quality Construction; New 10 Year Corporate Lease to Starbucks Corporation; Dedicated Drive Thru Lane, Large Interior, Outdoor Patio, & Ample Parking; Income Tax Free State of Texas; Houston is Texas Largest City by Population Located at the On/Off Ramp of Interstate 288; Over 147,000 Cars Per Day; Dense Infill Location; Over 242,000 People within 5-Miles
Additional Properties
Property Highlights
  • Primary Term Rental Increases of 10.00% Every 5 Years; Low Rent Schedule for SBUX New Construction; Fee Simple; Land and Building Ownership
  • Investment Grade Credit: Starbucks Corporation (NYSE: SBUX); Standard & Poor’s Credit Rating: BBB+; Global Annual Revenue Exceeding $35.9B
  • Recent New Developments Include 7-Eleven, Whataburger, QuikTrip, Advanced Auto Parts, Jack in the Box, and more along Orem Drive
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