Starbucks Celina, TX

1255 South Preston Road
Celina, TX

Price: $2,747,500
Cap Rate: 4.55%
NOI: $125,000
Building Size: Approx. 2,092 Sq. Ft.
Lot Size: Approx. 0.798 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2022

Investment Overview

  • 2022 Construction. 2,092+/- SF Building on 0.798+/- Acre Site
  • New Construction 10 Yr Corporate Net Lease w/ 8.5% Rent Increases Every 5 Yrs
  • Subject Property Situated Along S Preston Rd (25K VPD) Near Dallas North Tollway Expansion
  • Close Proximity to Master Planned Community w/ 7,000 Single Family Homes, Commercial Developments, & More
  • Strong Income Demos w/ an est. $204,030 Within a 1-Mile Radius
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Celina | Tripled in Size Since 2010 | Population Estimated to Hit 160K by 2030