Starbucks Dickinson, TX

402 Farm to Market Road 646
Dickinson, TX

Price: $1,907,000
Cap Rate: 5.15%
NOI: $98,223
Building Size: Approx. 2,100 Sq. Ft.
Lot Size: Approx. 0.58 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2019

Investment Overview

  • 2019 Construction. 2,100+/- SF Building on .58+/- Acre Site
  • New 10 Yr Corp Lease w/ 10% Rent Bumps Every 5 Yrs’
  • Located FM 517 (31,360 VPD), just East of I-45 (93K VPD)
  • Near Kroger, CVS, Taco Bell, H-E-B, T-Mobile, Buc-ee’s
  • Proximity to three Schools with approx. 2,477 Students
  • Surrounded by new residential communities (1,490-Homes)
  • Strong Above Average Demos w $97,154 within 3-Miles
  • 3.4-Miles North of Tanger Outlets Houston Lifestyle Center
  • Industries: Aerospace, Petrochemical, Healthcare, & Retail
  • Greater Houston MSA | 30-Miles South of Downtown Houston

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