Starbucks Denton, TX

1445 West University Drive
Denton, TX

Price: $2,391,000
Cap Rate: 5.50%
NOI: $131,500
Building Size: Approx. 2,222 Sq. Ft.
Lot Size: Approx. 0.699 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 2,222+/- SF Building on 0.699+/- Acre Site
  • New Construction Site w/ 10 Year Net Lease w/ 10% Rental Increases in Both Primary Term and Options
  • Excellent Location Near Corner of University Drive (19,800 VPD) and N Carroll Blvd (9,000 VPD)
  • Located Within 2 Miles of both University of North Texas and Texas Woman’s University
  • Near Kroger, McDonald’s, Taco Bell, Natural Grocers, Walgreens, and More
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Denton | Part of Dallas-Fort Worth Metroplex | 4th Largest MSA in the U.S.