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1328 State Highway 16 N Graham, TX 76450

For Sale
$2,349,000

New construction Starbucks with drive-thru and corporate lease.

Property size:
2,134 SF
Lot size:
18.84 Acres

Property Features for 1328 State Highway 16 N

General Information

Size
2,134 SF
Lot size
18.84 Acres

Source: Marcus & Millichap | Phoenix Agent Zack House

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Starbucks with Drive-Thru

This property features a new construction completed in 2024 with a drive-thru. It is currently under a new 10-year corporate lease with Starbucks (NASDAQ: SBUX), which includes 10% rental increases every 5 years and multiple renewal options. The surrounding area has an average household income exceeding $98,000 within an immediate distance, and more than 1,000 households are located within a 1-mile radius. National tenants in the vicinity include Dairy Queen, Dollar Tree, Ace Hardware, Whataburger, and Best Western. The property is suitable for coffee shops, restaurants, retail properties, and drive-through restaurants.
Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Graham
County
Young
State
Texas
Longitude
-98.547615
Latitude
33.152905

FAQs

What type of property is this?
Coffee shop - New construction Starbucks with drive-thru and corporate lease.
Where is this coffee shop located?
The property is located at 1328 State Highway 16 N Graham, TX.
What is the asking price?
The asking price for this property is $2,349,000.
What are key features of this property?
This property features: - New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX); - New 2024 Construction with a Drive-Thru; - 10% Rental Increases Every 5 Years with Multiple Renewal Options
More about this property
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