Secure Net Lease Closes Dallas MSA Starbucks Sale
Anthony Pucciarello Facilitates Smooth 1031 Exchange with Local Buyer
Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Starbucks in Carrollton, Texas. The buyer, a local 1031 exchange investor based in Dallas, acquired the property just ahead of the store’s grand opening. This transaction reflects continued demand for high-quality, new construction assets in strong suburban Dallas-Fort Worth submarkets.
Anthony Pucciarello, who represented the seller, shared, “We went under contract on this one just before the store officially opened, so the timing worked out really well. The transaction was incredibly smooth from start to finish, thanks to a local 1031 exchange buyer who was easy to work with and motivated to close.”
Located at 1010 W. Hebron Parkway, the ±2,225-square-foot building sits at a high-traffic signalized intersection just west of I-35E and minutes from major retail hubs and dense residential communities. The site offers strong visibility, easy access, and long-term stability due to its placement along a well-established commercial corridor.
“Everything aligned well on both sides, and we were able to get it across the finish line without any complications. We also achieved a very competitive cap rate for the Carrollton market, which was a great result for the seller and really speaks to the strength of the tenant and the real estate” Anthony concluded.
Starbucks Corporation (NASDAQ: SBUX) is one of the most recognizable brands in the world, operating more than 38,000 locations globally. Known for its strong customer loyalty, consistent foot traffic, and real estate strategy that emphasizes visibility and access, Starbucks continues to be a leading tenant in the net lease market. Its investment-grade credit rating, essential service offering, and dominant market presence make it one of the most sought-after tenants by private and institutional investors alike.
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.
