Secure Net Lease Closes Starbucks Sale in East Texas Corridor
Edward Benton Represents Seller in Repeat Buyer Transaction
Secure Net Lease has successfully completed the sale of a freestanding Starbucks in Corrigan, Texas. The property was acquired by a private investor out of Houston, Texas, marking another repeat buyer relationship cultivated by Secure Net Lease. This transaction highlights the firm’s continued success in pairing high-performing net lease assets with experienced investors in fast-moving, all-cash deals.
Edward Benton, who represented the seller, stated, “This was a really smooth transaction from start to finish. I’ve worked with this private investor group out of Houston multiple times over the years, they’ve purchased four or five Starbucks locations through me, and they’re always great to work with. They know what they’re looking for and they move quickly.”
The Starbucks is located at 609 S. Home Street in Corrigan, TX, along U.S. Highway 59, a key route connecting Houston to Lufkin and East Texas. The property features a brand-new ±2,221-square-foot building on a signalized intersection with full access and excellent visibility. Its position along a primary thoroughfare provides significant daily traffic and exposure. The site benefits from proximity to other national retailers and serves as a convenient stop for both local residents and commuters traveling through this part of East Texas.
“This particular deal was all cash and we were able to go from contract to close in just 30 days. It was a very efficient process, and I was happy to be working with a repeat buyer again on another successful closing” Benton concluded.
Starbucks continues to be one of the most sought-after tenants in the net lease sector. As a global brand with a strong operating model and proven unit-level economics, Starbucks locations typically command long-term leases and generate consistent investor demand. With its continued U.S. expansion and customer loyalty, Starbucks remains a premier tenant for investors seeking stability, growth, and brand recognition.
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.
