Wylie, TX Starbucks Investment Property

1804 S State Hwy 78, Wylie, TX

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For Sale

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NN leased Starbucks in Wylie, TX with long-term lease.

Type:RETAIL

Property size:

2,225 SF

Lot size:

1.04 Acres

Price / SF:

$1,187/SF

HighLights

Brand new 10‑year lease with Starbucks Corporation.
NN lease structure provides a passive investment opportunity.
Fee simple interest (land & building ownership) included.
Located in Wylie, Texas.
10% rental increases every 5 years throughout the initial term and option periods.
4 (5‑year) options to extend the lease.

We can help!

Listing Contact

Matthew Mousavi

Learn more

For Sale

Contact for pricing

NN leased Starbucks in Wylie, TX with long-term lease.

Type:RETAIL

Property size:

2,225 SF

Lot size:

1.04 Acres

Price / SF:

$1,187/SF

Added:: Nov 28, 2024
Days on Market:: 557
Last Refresh:: May 20 at 9:47 pm

Property Features for 1804 S State Hwy 78

General Information

Standard status: Active
Size: 2,225 SF
Lot size: 1.04 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Matthew Mousavi

Listing agent Matthew Mousavi License #CA 01732226

Listing office SRS Industrial - Newport Beach

Listing date Nov 28, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach

HighLights

Brand new 10‑year lease with Starbucks Corporation.
NN lease structure provides a passive investment opportunity.
Fee simple interest (land & building ownership) included.
Located in Wylie, Texas.
10% rental increases every 5 years throughout the initial term and option periods.
4 (5‑year) options to extend the lease.

Overview

This is an opportunity to acquire the fee simple interest in a NN leased Starbucks investment property located in Wylie, Texas. The property is suitable for coffee shops, restaurants, retail, NNN, and specialty purposes. Starbucks Corporation recently signed a new 10-year lease with options to extend for four additional 5-year periods, demonstrating a commitment to the location. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is NN with limited landlord responsibilities.

Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Similar Places Nearby

Starwood Cafe - Wylie — 1808 N State Hwy 78 Suite 108, Wylie, TX 75098
Dutch Bros Coffee — 2009 S State Hwy 78, Wylie, TX 75098
Stinnys CSGO Training — 208 n rolling meadow dr, wylie, tx 75098
Hot pancakes — 2030 S State Hwy 78, Wylie, TX 75098
Starbucks — 1804 N State Hwy 78, Wylie, TX 75098

Location Insight

Map
Local Demand

City: Wylie
County: Collin
State: Texas
Longitude: -96.5143
Latitude: 33.0216

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For sale
Coffee shops
TX
Wylie
1804 S State Hwy 78

What type of property is this?

Coffee shop - NN leased Starbucks in Wylie, TX with long-term lease.

Where is this coffee shop located?

The property is located at 1804 S State Hwy 78 Wylie, TX.

What is the asking price?

The asking price for this property is $2,643,000.

What are key features of this property?

This property features: Brand new 10‑year lease with Starbucks Corporation.; NN lease structure provides a passive investment opportunity.; Fee simple interest (land & building ownership) included.

1804 S State Hwy 78, Wylie, TX

NN leased Starbucks in Wylie, TX with long-term lease.

Property Features for 1804 S State Hwy 78

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Freestanding Flex and Warehouse Building

Four-Townhome Rental Portfolio

Land with Horse Barn and Homes

Professionally Managed Duplex Income Property

Wylie Freestanding Flex Building

Drive-Thru Bank Ground Lease

New Dollar General NNN Lease

Wylie Automotive Shop For Sale

New Construction NNN Ground Lease

Specialty Commercial Property

Wylie Freestanding Building For Sale

Modernized Warehouse on 2 Acres

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