Starbucks Corpus Christi, TX

4002 Saratoga Blvd
Corpus Christi, TX

Price: $2282000
Cap Rate: 5.15%
NOI: $117,500
Building Size: Approx. 1850 Sq. Ft.
Lot Size: Approx. 0.47 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Construction. 1,850+/- SF Building on .47+/- Acre Site
  • New 10-Year, Corporate Lease beginning February 2017
  • Located along Saratoga Blvd (30K VPD), just 2-Miles S of HWY 358 (121K VPD)
  • Near HEB, AutoZone, McDonald’s, Whataburger, Dickey’s, Sonic, 7-Eleven
  • 5-Miles NE of La Palmera Mall (1 M SF) & The Shops at La Palmera (230K+ SF)
  • Major Industries: Petro (5TH Largest Port) | Military (6k Jobs) | Tourism ($1B Eco Imp)
  • Ranked 46TH out of 200 largest US Metro areas for low cost of doing business – Forbes
  • 3-Mile Radius: 2016 Estimated Population: 103,234 l  2-Mile Average HH Income:  $74,903

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