Starbucks Groves, TX

3990 Twin City Highway
Groves, TX

Price: $2,841,000
Cap Rate: 4.40%
NOI: $125,000
Building Size: Approx. 2,124 Sq. Ft.
Lot Size: Approx. 0.73 Acres
Type: Single-Tenant / Retail
Sub Category: Fast Casual
Year Built: 2022

Investment Overview

  • 2022 Construction. 2,124+/- SF Building on 0.73+/- Acre Site
  • Brand New 10 Yr Corporate Net Lease w/ Minimal Landlord Responsibilities
  • First Development of a ±7.5 Acre Master Development | Opens April 28th, 2022
  • Near H-E-B, Walmart Supercenter, Chick-fil-A, CVS, McDonald’s, & More
  • Strong Income Demographics w/ est. $67,592 within a 5-Mile Radius
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Groves | Jefferson County | Beaumont-Port Arthur MSA | Population: 392,563