Starbucks Spring, TX

8506 Spring Cypress Road
Spring, TX

Price: $2280000
NOI: $114,000
Building Size: Approx. 2000 Sq. Ft.
Lot Size: Approx. 0.72 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Construction. 2,000+/- SF Building on .72+/- Acre Site
  • New 10-Year Corp Lease w/ 10% Rent Bumps Every 5-Yrs
  • RELO w/Drive-Thru | Located along Spring Cypress Dr (33K VPD)
  • Attractions: The Woodlands Mall | ExxonMobil Houston Campus
  • Spring is a suburb of Houston and is located 25-Miles N of Downtown
  • Major Employers: BP America  | Shell Oil Company | Exxon Mobil
  • Houston is 2nd to NY City in Fortune 500 HQ’s – Ranked Forbes Top City
  • 3-Mile Radius: 2016 Est Pop: 86,270 l 3-Mile Avg. HH Income:  $128,898
  • Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800

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