Starbucks Houston, TX

13339 West Rd
Houston, TX

Price: $2160000
Cap Rate: 5.00%
NOI: $108,000
Building Size: Approx. 1900 Sq. Ft.
Lot Size: Approx. 0.62 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2016

Investment Overview

  • 1,900+/- SF Building on .62+/- Acre Site
  • 10-Yr Corp Lease began Feb 2016 w/ 10% Rent Bumps Every 5-Yrs
  • Located along West Rd. (21K VPD), just W of Hwy 290 (144K VPD)
  • Adjacent to Cypress Ridge HS (3K+Studens) & Over 650 Apt. Units
  • Near Traders Village, Multiple Dealerships, & Distribution Parks
  • 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: 120,859 l 3-Mile Avg. HH Income: $98,822
  • Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800

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