Starbucks Pharr, TX

108 West Nolana Loop
Pharr, TX

Price: $2,175,500
Cap Rate: 5.25%
NOI: $114,200
Building Size: Approx. 2,105 Sq. Ft.
Lot Size: Approx. 0.71 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2022

Investment Overview

  • 2022 Construction. 2,105+/- SF Building on 0.71+/- Acre Site
  • New Construction 10 Year Net Lease w/ 8.5% Rental Increases Every 5 Years
  • High-Traffic Location Along Nolana Loop (29K VPD), Just off of I-69C (122K VPD)
  • The Rio Grande Valley is One of the Fastest Growing Regions in Texas
  • Strong Income Demographics w/ est. $72,922 within a 1-Mile Radius
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Pharr | Part of the Rio Grande Valley | RGV Population: 1.4M+