Starbucks Allen, TX

2680 W Lucas Rd
Allen, TX

Price: $1691000
NOI: $82,000
Building Size: Approx. 1878 Sq. Ft.
Lot Size: Approx. 0.68 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2016

Investment Overview

  • New Construction. 1,878+/- SF Building on .68+/- Acre Site
  • New 10-Yr, Corp Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along W Lucas Rd (25,000 VPD), just E of I-75 (195,000 VPD)
  • Outparcel to Walmart | Near Bank of America, Kroger, McDonalds, Sonic
  • Area Attractions: Allen Premium Outlets (473,302 SF) | New Allen HS Stadium – ($60 Million)
  • 5-Miles from The Village at Allen (997,586 SF) | 4.5-Miles from the Village at Fairview (1,291,942 SF)
  • 2-Mile Radius: Population growth 5.9% 200-2015 l 3-Mile Average Household Income:  $114,249
  • Lucas is located 5-Miles E of Allen, 11-Miles NE of Plano,  and 33-Miles NE of downtown Dallas
  • Dallas – Fort Worth – Arlington MSA: 4th Largest MSA in the US | Population: 6,526,548

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