Starbucks Tyler, TX

4790 South Broadway Avenue
Tyler, TX

Price: $2,824,000
Cap Rate: 4.25%
NOI: $120,000
Building Size: Approx. 2,012 Sq. Ft.
Lot Size: Approx. 0.56 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2021

Investment Overview

  • 2021 Construction. 2,012+/- SF Building on 0.56+/- Acre Site
  • New Construction 10 Yr Corporate Net Lease w/ 10% Rent Increases Every 5 Yrs
  • Subject Property Situated Along S Broadway Ave (51K VPD) Near SW Loop 323
  • Directly Across from Broadway Square Mall (Over 625,000 SF w/ 80 Stores)
  • Strong Income Demographics w/ est. $80,717 within a 3-Mile Radius
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Tyler | Halfway Between Dallas, TX & Shreveport, LA | Population: 103,000+