Starbucks Livingston, TX

1626 West Church Street
Livingston, TX

Price: $2,600,000
Cap Rate: 4.50%
NOI: $117,000
Building Size: Approx. 2,058 Sq. Ft.
Lot Size: Approx. 0.65 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2021

Investment Overview

  • 2021 Construction. 2,058+/- SF Building on 0.65+/- Acre Site
  • New 10 Yr Net Lease w/ Starbucks Corp. & No Early Termination Clause
  • Featured Property Includes a Drive Thru & 10% Rental Increases Every 5 Yrs
  • Excellent Hwy Location Near Intersection of US Hwy 190 & US-59 (26K VPD)
  • Near Walmart Supercenter, Hibbett Sports, Dollar Tree, Tractor Supply Co, H-E-B
  • Minimal Landlord Responsibilities | New Roof Warranty
  • Livingston | Home to 2nd Largest Lake in Texas | 1 Mile Avg, HH Income: $102,491