Starbucks Hondo, TX

275 US 90
Hondo, TX

Price: $2,389,000
Cap Rate: 5.65%
NOI: $135,000
Building Size: Approx. 2,225 Sq. Ft.
Lot Size: Approx. 0.68 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 2,225+/- SF Building on 0.68+/- Acre Site
  • New Construction Site w/ 10 Year NN Lease w/ 10% Rental Increases Every 5 Years in Primary & Options
  • Subject Property Located on the I-90 & I-173 Interchange which Sees Over 25,000 VPD
  • Anchor Tenants Include H-E-B, Walmart, Tractor Supply. Other Nearby Tenants Include McDonald’s, Taco Bell, Whataburger, & More.
  • Near South Texas Regional Airport and Hondo High School
  • Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $32.3B in Revenue
  • Hondo¬† | 40 Miles from San Antonio | San Antonio Population: 1.53M