Secure Net Lease Facilitates Starbucks Sale in Houston MSA
Edward Benton Closes All Cash Transaction to Private Investor
Secure Net Lease has successfully closed the sale of a newly constructed, freestanding Starbucks located in El Campo, Texas, in the Houston MSA. The property was acquired by a private investor based in the Houston area completing a 1031 exchange. The transaction reflects continued investor demand for net lease assets with national tenants in expanding secondary markets across Texas.
Edward Benton, who represented the seller, commented, “The El Campo deal was a little tougher than I would’ve liked, but we were able to get it across the finish line. We sold the property to a local 1031 exchange buyer out of the Houston area, and this was actually their first single-tenant investment. I walked them through the process and shared some insight from my experience with these types of assets, which helped them get comfortable moving forward. In the end, they closed all cash, and it turned into a really solid outcome for both the buyer and the seller.”
Located at 1407 N. Mechanic Street, the Starbucks is a brand-new construction offering excellent visibility and accessibility off Highway 71, the city’s primary commercial corridor. The site is surrounded by a growing base of national retailers, including Walmart Supercenter, Tractor Supply Co., and H-E-B, contributing to steady traffic counts and consistent consumer demand. With limited direct competition nearby and proximity to downtown El Campo, the location is strategically positioned to serve both local and regional customers in the Wharton County area.
Starbucks Corporation continues to be one of the most sought-after tenants in the net lease market, offering long-term stability, exceptional brand equity, and consistent foot traffic. Their modern building prototypes, drive-thru accessibility, and strong credit profile make them a preferred investment for both first-time and seasoned buyers nationwide. The El Campo location is another example of Starbucks’ expanding footprint in high-growth secondary and tertiary markets.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.
