1304 Wildcat Drive
Portland, TX
Price:
$1417000
NOI:
$74,400
Building Size:
Approx. 1650 Sq. Ft.
Lot Size:
Approx. 0.34 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2006
Investment Overview
- STARBUCKS | NASDAQ: SBUX
- 22,000+ locations | $16.4 billion in rev FY 2014
- 1,650+/- SF Building on 0.34+/- Acre Site
- Corporate Net Lease, 10+ Years remaining on primary term (New 10-Year ext. exercised by Starbucks)
- Located Along Wildcat Dr (14,909 Cars / Day) just N of where Wildcat Dr intersects U.S. 181 (43,657 Cars / Day)
- Near McDonald’s, Walmart Supercenter, 7-Eleven, Papa Johns,Walgreens, McAlister’s, Chili’s, & Marble Slab
- 1-Mile Radius: Sun Valley Apts. (120-Units), Lands End Apts. (194-Units), Pavilions at Northshore (336-Units)
- Mayor Employers: Reynolds Metal Company, Naval Station-Corpus Christi, Gregory-Portland ISD, City of Portland
- 3-Mile Radius: Est. 484 Businesses w/ Est. 4,189 Employees | 3-Mile Average Household Income: $76,419
- Portland is 8-Miles N of Corpus Christi & 150-Miles SE of San Antonio, TX