SNL Closes Starbucks Sale Along High-Traffic Houston-Dallas Corridor
Garrison Berkley & Bob Moorhead Represent Seller in Smooth Transaction with Local Houston Buyer
Secure Net Lease has successfully completed the sale of a freestanding Starbucks located in Madisonville, Texas. The property was acquired by a Houston-based private investor who already owned several Starbucks properties and was looking to expand their portfolio with another Texas location. The transaction moved quickly from the initial offer through closing, highlighting continued investor demand for well-located Starbucks assets along major Texas travel corridors.
Garrison Berkley, who represented the seller, shared, “This was a pretty smooth transaction from start to finish. We were able to find a local Houston-based buyer who already owned a handful of Starbucks properties and was looking to add another one to their portfolio, so this deal was a really good fit for what they were looking for. Once they saw the opportunity, things moved quickly.”
The ±2,308-square-foot Starbucks is strategically positioned directly off Interstate 45 at Highway 21/Main Street in Madisonville, providing excellent visibility and accessibility along one of the primary north-south transportation corridors connecting Houston and Dallas. Interstate 45 sees more than 42,000 vehicles per day near the property, while Highway 21 contributes additional local and regional traffic. The site is also located directly across the street from Buc-ee’s, a major travel destination that has been ranked among the top five Buc-ee’s locations and attracts approximately 6.5 million visitors annually, creating a significant source of consistent traffic for the surrounding trade area.
“We went from the initial LOI to an executed contract in less than a week, and from there the closing process was very straightforward. The buyer knew the tenant, understood the asset, and was ready to move, which made for a really efficient transaction overall,” Berkley concluded.
Madisonville is centrally positioned between Houston and Dallas along Interstate 45, approximately 45 miles from College Station, making the community a natural stopping point for travelers moving throughout Central and East Texas. The Starbucks benefits from limited nearby coffee competition, strong highway exposure, and a location that serves both local residents and interstate travelers. Combined with the substantial traffic generated by the neighboring Buc-ee’s and Madisonville’s connectivity to several of Texas’ largest metropolitan areas, the property is well-positioned for continued long-term performance.
Starbucks Corporation (NASDAQ: SBUX) is the world’s leading coffeehouse brand, with more than 40,000 locations globally and a highly recognizable presence across the United States. Supported by investment-grade credit, a loyal customer base, and a proven drive-thru operating model, Starbucks remains one of the most sought-after restaurant tenants in the net lease market. The company’s strategic approach to high-visibility locations and continued expansion make its properties attractive to investors seeking dependable long-term retail investments.
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.
