Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a newly constructed Starbucks in Navasota, Texas. The property was acquired by a private 1031 exchange investor based in Houston, highlighting continued demand for nationally recognized, net-leased assets in Texas’ growing secondary markets.

Edward Benton, who represented the seller, shared, “This one was definitely a more challenging deal, but staying patient and trusting the process ultimately got us across the finish line. We were able to source a 1031 exchange buyer out of Houston, and it took some persistence and strong communication to keep everything moving in the right direction, but we stayed on top of it through every step. In the end, we were able to get it closed at a very aggressive cap rate for the Navasota market, which made the extra effort well worth it.”
The ±2,365-square-foot Starbucks is located at 2002 State Highway 105 E in Navasota, just southeast of the Bryan-College Station area. Positioned at a high-visibility intersection along one of the city’s primary commercial corridors, the site offers exceptional access and exposure to daily commuter and local traffic. The property is surrounded by established retail, including Walmart Supercenter, Tractor Supply Co., and H-E-B, and benefits from its proximity to residential growth and the Texas A&M University system. The deal was part of a broader development strategy by a Texas-based merchant builder and closed with 50% loan-to-value financing.

Starbucks Corporation (NASDAQ: SBUX) is one of the most recognized and respected brands globally, operating over 38,000 stores across 80+ markets. Known for its real estate strategy that targets high-visibility and high-traffic locations, Starbucks continues to be a top-performing tenant in the net lease sector. The brand’s investment-grade credit, customer loyalty, and daily-use business model make it a favored choice for private and institutional investors seeking long-term, stable income streams.
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.

















