Starbucks NWC of Hwy 83 Feeder and N Bridge Ave, TX 78596

NWC of Hwy 83 Feeder and N Bridge Ave, TX 78596

Price: $2,622,000
Cap Rate: 4.50%
NOI: $118,000
Building Size: Approx. 2,100 Sq. Ft.
Lot Size: Approx. 0.67 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2021

Investment Overview

  • 2021 Construction. 2,100+/- SF Building on 0.67+/- Acre Site
  • Brand New 10 Yr Corporate Net Lease w/ Minimal Landlord Responsibility
  • 7% Rental Increases Every 5 Yrs in Primary Term & All Option Periods
  • Excellent Location Just off of Expressway 83 (112K VPD)
  • Near Walmart Supercenter, The Home Depot, Office Depot, Petco, Lowe’s
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Weslaco | Est. 40 Million Visitors per Year | Population: 40,000+