Starbucks Alvarado, TX

5900 South 1-35 W
Alvarado, TX

Price: $1894000
Cap Rate: 5.15%
NOI: $97,500
Building Size: Approx. 2100 Sq. Ft.
Lot Size: Approx. 0.84 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Build. 2,100+/- SF Building on .84+/- Acre Site
  • New 10-Yr Corp Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along I-35 (39K VPD), just S of U.S 67 (27K VPD)
  • Adjacent QuikTrip | Near CVS, McDonalds, Multiple Hotels
  • Near Alvarado HS (1K+ Enroll) | The Sabre Tubular (200 Empl)
  • Attractions: Alvarado Park Lake (507-Acres) | M7 Arena Rodeo
  • 3-Mile Radius: 2017 Pop: 7,587 l  3-Mile Avg. HH Income: $64,140
  • Alvarado has small town charm with proximity to big city amenities
  • Starbucks is located 26-Miles S of Fort Worth & 39-Miles S of Dallas

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