Starbucks Bay City, TX

3333 7th St
Bay City, TX

Price: $2,280,000
Cap Rate: 5.00%
NOI: $114,000
Building Size: Approx. 1,950 Sq. Ft.
Lot Size: Approx. 0.86 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2020

Investment Overview

  • 2020 Construction. 1,950+/- SF Building on .86+/- Acre Site
  • 10-Year Corporate Lease w/ 10% Rent Bump Every 5-Years
  • Located along 7th St (26K VPD), a major north-south thoroughfare
  • Near H-E-B Grocer, Walmart, Walgreens, Whataburger, CVS
  • Proximity to multiple schools w/ est. 2,456 student enrollment
  • Bay City is Home to new Tenaris $1.6B manufacturing facility
  • Strong Income Demographics w/ $66,760 within a 3-Mile Radius
  • Greater Houston | 4th Largest Metro in the U.S. | Population:7M+