1804 S State Hwy 78 Wylie, TX
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NN leased Starbucks in Wylie, TX with long-term lease.
Type:RETAIL
Property size:
2,225 SFLot size:
1.04 AcresPrice / SF:
$1,187/SF- Added:
- Nov 28, 2024
- Days on Market:
- 512
- Last Refresh:
- Apr 5 at 11:02 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
Listing agent Matthew Mousavi License #CA 01732226 (949) 698-1116
Listing office SRS Industrial - Newport Beach (949) 698-1116
Listing date Nov 28, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach
Overview
Wylie, TX Starbucks Investment Property
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
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
Nearby Similar for Sale
FAQs
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.
