Starbucks Spring, TX

1431 Rayford Road
Spring, TX

Price: $2444000
NOI: $122,173
Building Size: Approx. 1800 Sq. Ft.
Lot Size: Approx. 0.54 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2015

Investment Overview

  • New Construction | 1,800+/- SF Building on 0.54+/- Acre Site
  • New 10-Year, Corporate Net Lease with 10% rent increases every 5-Yrs
  • Along Rayford Rd (47,000 Cars / Day), just E of I-45 (224,000 Cars / Day)
  • Near Walmart, HEB, Ross, Kohl’s, Michaels, Chipotle, Walgreens, Chick-fil-a, Whataburger, & AutoZone
  • Proximity to: Camden Spring Creek Apartments (304 Units), Wildwood Forest (252 Units), The Landmark (336 Units)
  • Major Employers: ExxonMobil Campus (10,000 Empl), Anadarko Petro. (2,400 Empl), Hewitt Ass., LLC (2,200 Empl)
  • 5-Mile Population has grown 5.9% 2000- 2015 | 5-Mile Average Household Income:  $100,791
  • Houston – Sugar Land – Baytown (MSA): 6th Largest MSA in US | Population: 5,946,800

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