Starbucks Houston, Texas USA Area

Café
Favorite

info heading

info content

Highlights

  • Price: $4,500,000
  • Tenant: Starbucks
  • Lease type: Triple Net
  • Annual Rent: $247,500
  • Square feet: 4,900
  • Yield ( Cap Rate ): 5.50%
  • Lease Term: 10 years
  • Rent per S.F.: $50.50
  • Extension Options: In lease
  • Rental Increases: 10% every 5 years

Description

The property for sale is a shopping center with a Starbucks cafe and a dentist. The property is located in a very wealthy area in Houston, Texas USA. The cafe lease has 10 years remaining and is guaranteed by the large corporation, Starbucks. The dental lease has 11 years remaining.