Starbucks w/ Drive-Thru Bay City, TX

3333 7th Street
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 0.786+/- Acre Site
  • Initial 10 Year Corporate Net Lease w/ 10% Rental Increases Every 5 Years, Including Option Periods
  • Excellent Signalized, Hard Corner Location at the Intersection of 7th St (21K VPD) and Katy Ave
  • Dense Trade Area Near Several National Retailers Including H-E-B, AutoZone, CVS, Whataburger
  • Near Several Great Schools Including Tennie Holmes Elementary (700+ Students)
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Bay City | Near the Houston Metroplex | Population: 17,500+