Secure Net Lease has successfully completed the sale of Gaston Place Shopping Center, a ±9,150-square-foot multi-tenant retail property located in Austin, Texas. The property was acquired by a local Austin investor in an all-cash transaction, demonstrating continued demand for well-located neighborhood retail assets with long-term upside in one of Texas’ strongest growth markets.

Sam House, who represented the seller alongside Dylan Davila, shared, “There were a few different pieces we had to work through on this one, from the environmental component to changes in the tenant lineup and some financing challenges along the way. We stayed focused on finding solutions and ultimately brought in an experienced buyer who understood the opportunity and was able to move quickly toward a smooth closing.”

Dylan Davila added, “This was a really interesting property in a growing part of Austin, but it took some patience to find the right buyer. Because there had previously been a dry cleaner at the center, we needed someone who understood that history and was comfortable with it. We ultimately found an experienced local buyer who owned several properties around Austin and knew exactly how to approach an asset like this.”

Gaston Place Shopping Center is strategically positioned just north of Austin’s Mueller District, providing convenient access to downtown Austin and The University of Texas at Austin. The property benefits from its location in a high-income submarket, with average household incomes exceeding $107,000 within one mile and $139,000 within five miles. The center is also adjacent to Windsor Commons, a new Class-A mixed-use multifamily and retail development that is currently in its second phase, further supporting continued growth and activity throughout the surrounding area.

The property also presented meaningful long-term upside for the buyer. Existing rents at Gaston Place average approximately $18.95 per square foot, while nearby shopping centers are achieving significantly higher rental rates, creating the potential for future rent growth. The site also offers potential vertical redevelopment opportunities. Additionally, the center is home to Little Deli & Pizzeria, a popular local restaurant that recently completed more than $1 million in renovations, further strengthening the property’s appeal and drawing consistent traffic to the center.

“We had a couple of tenants vacate during the process, so we worked closely with the seller to address the vacancies while also finding a solution for the environmental component,” Davila continued. “We were able to help get one of those spaces backfilled and ultimately connect with a buyer who had experience with similar properties. It took some persistence, but everything came together well in the end” Davila concluded.

House concluded, “I also have to give Dylan a lot of credit on this deal. He stayed persistent throughout the entire process and did a great job working through everything that came up. Deals like this take patience and a lot of follow-through, and he really stepped up and helped us get it across the finish line.”

Gaston Place Shopping Center combines an established neighborhood retail presence with significant future upside in a rapidly evolving Austin submarket. Its below-market rents, proximity to the Mueller District and downtown Austin, surrounding residential development, and potential redevelopment opportunities position the property for continued long-term growth. The successful sale demonstrates the ongoing appeal of strategically located multi-tenant retail assets where experienced investors can capitalize on both existing income and future value creation.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease has successfully completed the sale of a freestanding Starbucks located in Madisonville, Texas. The property was acquired by a Houston-based private investor who already owned several Starbucks properties and was looking to expand their portfolio with another Texas location. The transaction moved quickly from the initial offer through closing, highlighting continued investor demand for well-located Starbucks assets along major Texas travel corridors.

Garrison Berkley, who represented the seller, shared, “This was a pretty smooth transaction from start to finish. We were able to find a local Houston-based buyer who already owned a handful of Starbucks properties and was looking to add another one to their portfolio, so this deal was a really good fit for what they were looking for. Once they saw the opportunity, things moved quickly.”

The ±2,308-square-foot Starbucks is strategically positioned directly off Interstate 45 at Highway 21/Main Street in Madisonville, providing excellent visibility and accessibility along one of the primary north-south transportation corridors connecting Houston and Dallas. Interstate 45 sees more than 42,000 vehicles per day near the property, while Highway 21 contributes additional local and regional traffic. The site is also located directly across the street from Buc-ee’s, a major travel destination that has been ranked among the top five Buc-ee’s locations and attracts approximately 6.5 million visitors annually, creating a significant source of consistent traffic for the surrounding trade area.

“We went from the initial LOI to an executed contract in less than a week, and from there the closing process was very straightforward. The buyer knew the tenant, understood the asset, and was ready to move, which made for a really efficient transaction overall,” Berkley concluded.

Madisonville is centrally positioned between Houston and Dallas along Interstate 45, approximately 45 miles from College Station, making the community a natural stopping point for travelers moving throughout Central and East Texas. The Starbucks benefits from limited nearby coffee competition, strong highway exposure, and a location that serves both local residents and interstate travelers. Combined with the substantial traffic generated by the neighboring Buc-ee’s and Madisonville’s connectivity to several of Texas’ largest metropolitan areas, the property is well-positioned for continued long-term performance.

Starbucks Corporation (NASDAQ: SBUX) is the world’s leading coffeehouse brand, with more than 40,000 locations globally and a highly recognizable presence across the United States. Supported by investment-grade credit, a loyal customer base, and a proven drive-thru operating model, Starbucks remains one of the most sought-after restaurant tenants in the net lease market. The company’s strategic approach to high-visibility locations and continued expansion make its properties attractive to investors seeking dependable long-term retail investments.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease has successfully completed the sale of a newly constructed Caribou Coffee located in Grapevine, Texas, within the heart of the Dallas-Fort Worth Metroplex. The property was acquired by a Texas-based private investor completing a 1031 exchange, further highlighting investor demand for high-quality quick-service restaurant assets in one of the nation’s fastest-growing metropolitan areas.

Thomas House, who represented the seller, shared, “The buyer on this deal was a 1031 exchange investor who recently relocated to Austin after spending years investing on the East Coast. As they began selling off some of their East Coast assets, they were looking to reinvest in high-quality properties throughout Texas, and this Caribou Coffee was a great fit for what they wanted.”

The ±644-square-foot Caribou Coffee is strategically positioned at the corner of Northwest Highway and Ball Street in Grapevine, offering exceptional visibility with combined traffic counts exceeding 114,000 vehicles per day. Located just 20 miles northwest of downtown Dallas and approximately 25 miles northeast of downtown Fort Worth, the property benefits from its central location within the Dallas-Fort Worth Metroplex, providing direct access to one of the nation’s strongest regional economies. The site is also less than one and a half miles from Dallas/Fort Worth International Airport, one of the busiest airports in the world, further enhancing its accessibility and long-term investment appeal.

“Once we came to an agreement on pricing, the process was really straightforward. They were great to work with, stayed engaged throughout the transaction, and we were actually able to close several weeks ahead of schedule. It was a smooth transaction from start to finish, and we’re excited to continue building that relationship as they look to acquire more properties in Texas over the coming years,” House concluded.

The surrounding trade area is supported by outstanding demographics and major regional demand drivers. More than 96,000 residents live within a five-mile radius, with average household incomes exceeding $220,000. The property is also located near Baylor Scott & White Medical Center, which employs thousands of healthcare professionals and serves as a major destination for the region. Grapevine continues to experience steady growth while offering convenient access to major employment centers throughout Dallas and Fort Worth, making it one of the most desirable retail submarkets in North Texas.

Caribou Coffee has established itself as one of the largest premium coffeehouse brands in the United States, operating approximately 800 locations across 11 countries. Known for its handcrafted beverages, customer-focused experience, and continued expansion, the brand has built a loyal following while maintaining a strong presence in both standalone retail locations and licensed venues. Its growing footprint and proven operating model continue to make Caribou Coffee an attractive tenant for net lease investors seeking long-term stability.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease has successfully completed the sale of Madison Square, a fully leased multi-tenant shopping center located in La Vergne, Tennessee, within the rapidly growing Nashville Metropolitan Statistical Area. The transaction was completed as an off-market sale, with Secure Net Lease representing both the buyer and seller. The successful closing highlights continued investor demand for stabilized neighborhood retail centers featuring service-oriented tenants in high-growth markets.

John Packwood and Sam House, Vice Presidents at Secure Net Lease, represented both the buyer and seller in the transaction. Packwood shared, “Successful investment sales aren’t just about marketing a property—they’re about understanding what active buyers want and maintaining strong relationships with them over time. In this case, those relationships allowed us to bring the right buyer and seller together in an off-market transaction that created value for both sides.”

The ±13,857-square-foot Madison Square shopping center is located at 1925 Madison Square Boulevard in La Vergne, Tennessee, directly along the Interstate 24 corridor at the Waldron Road interchange, one of the busiest retail intersections in the submarket with average daily traffic exceeding 160,000 vehicles. Built in 2006, the center is fully leased to a complementary mix of service-oriented and necessity-based tenants, providing stable occupancy and consistent consumer traffic.

La Vergne continues to benefit from its location within the Nashville-Murfreesboro-Franklin Metropolitan Statistical Area, the largest metro in Tennessee and one of the fastest-growing regions in the country. The city’s population has increased nearly 11% since 2020, while Rutherford County remains the fastest-growing county in the state. The surrounding trade area is supported by major employers including Nissan’s Smyrna manufacturing plant, Ingram Content Group, and CEVA Logistics, creating strong long-term retail fundamentals and a healthy consumer base.

Madison Square’s fully occupied tenant roster and focus on service-oriented, e-commerce-resistant businesses made the property especially attractive to investors seeking durable cash flow. Combined with its strategic location in the Nashville MSA and strong market fundamentals, the center generated significant investor interest and ultimately resulted in a successful off-market transaction.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease has successfully completed the sale of a freestanding Black Bear Diner located in Baytown, Texas, just east of Houston. The property was acquired by a California-based all-cash 1031 exchange buyer, underscoring continued investor demand for high-quality restaurant assets in rapidly growing Houston-area submarkets.

Garrison Berkley, who represented the seller, shared, “The buyers on this deal were California-based investors completing a 1031 exchange, and they were really attracted to the Black Bear Diner concept and the strength of the location. Once we got the property under contract, the transaction moved along pretty smoothly. They were waiting on another sale to close so they could roll those exchange funds into this acquisition, and everything lined up exactly as planned. They also made a trip out for a site visit, and once they saw the property in person, it really reinforced their confidence in the investment. Overall, it was a smooth process and a great outcome for both the buyer and the seller.”

The ±4,987-square-foot Black Bear Diner is strategically positioned at the northwest corner of Interstate 10 and John Martin Road, approximately 20 miles east of downtown Houston. The site benefits from exceptional visibility with traffic counts exceeding 93,000 vehicles per day along Interstate 10 and is situated directly across from a Buc-ee’s travel center, one of the region’s strongest retail traffic generators. The property is also surrounded by numerous nationally recognized retailers, including Chick-fil-A, H-E-B, Academy Sports + Outdoors, Marshalls, Kroger, and several automotive dealerships, creating a vibrant retail corridor with strong daily consumer activity.

Baytown continues to benefit from its location within the Houston-The Woodlands-Sugar Land Metropolitan Statistical Area, the fifth-largest metropolitan area in the United States. The property is located less than half a mile from the San Jacinto Marketplace, a major mixed-use retail and entertainment development that is expected to further strengthen the area’s retail appeal. Supported by more than 96,000 residents within a five-mile radius and projected population growth over the coming years, the surrounding market offers strong demographics, high household incomes, and excellent long-term fundamentals for retail investment.

Black Bear Diner has grown into one of the nation’s most recognizable full-service restaurant brands, operating more than 150 locations across the United States. Known for its large-format family dining concept, loyal customer base, and continued national expansion, the brand has established itself as an attractive tenant for net lease investors. With a proven operating model and ongoing growth strategy, Black Bear Diner continues to generate strong interest from buyers seeking stable, long-term restaurant investments.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

Secure Net Lease has successfully completed the sale of Beaumont Plaza, a 10,100-square-foot multi-tenant retail center located in Beaumont, Texas. The property was acquired by a Houston-based private investor, highlighting continued demand for stabilized neighborhood retail centers with long-term upside in growing Southeast Texas markets.

Sam House, who represented the seller alongside Greyson Hickey, shared, “Greyson did a great job on the front end of this deal staying persistent with the sellers and helping uncover the opportunity. That’s really been a strength of his, finding opportunities and building relationships that turn into successful transactions. Once we secured the listing, we made a trip out to Beaumont to visit the property in person, and it became pretty clear that there was a lot of value here that the market was going to recognize. We brought it to market and generated a tremendous amount of interest right away, with around 15 offers coming in over a relatively short period of time. Ultimately, we selected an all-cash buyer that was the best fit for the transaction, and everything moved quickly and efficiently from there. It was a great result for our client and a really smooth closing overall.”

Greyson Hickey added, “Overall, this was a very smooth transaction. The buyer had a particular interest in not only this property but also the land next door, so there were a few additional discussions and negotiations that we worked through along the way. Everyone stayed focused on finding a solution that made sense, and that helped keep the process moving forward. We ended up aligning with an all-cash buyer who was working closely with a local broker and had a strong understanding of the Beaumont market. Once we got everything lined up, the transaction came together really well and turned into a great outcome for both the buyer and the seller.”

Beaumont Plaza is a highly visible neighborhood shopping center situated on approximately 0.77 acres along the heavily traveled Washington Boulevard corridor. Built in 2016, the property features six leasable suites with an average suite size of approximately 1,683 square feet and benefits from multiple access points, ample parking, and strong visibility. The center is strategically positioned near major national retailers including Sam’s Club, H-E-B, and Office Depot, creating a strong retail environment supported by both local and regional consumer traffic.

The property offered investors a compelling combination of stability and future upside. More than half of the rental income is generated by tenants that have occupied the center for over seven years, while a significant portion of the rent roll remains below current market rates, providing future growth potential through rent increases. The asset also benefits from long-term lease structures and strong occupancy history, making it an attractive investment opportunity. Located along Washington Boulevard, which sees more than 15,000 vehicles per day, Beaumont Plaza is positioned within one of the city’s most established commercial corridors and is well-equipped to serve the surrounding community for years to come.

Beaumont Plaza’s diverse tenant mix, long-standing occupancy history, and favorable location within a strong retail corridor made it a highly desirable acquisition for investors seeking stable cash flow and long-term appreciation potential. The successful transaction further demonstrates continued investor demand for well-located multi-tenant retail properties throughout Texas secondary markets.

About Secure Net Lease

Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.