Starbucks NNN Retail
For Sale
$2,500,000
2990 N Main St, Taylor, TX 76574
Fee simple NNN property leased to Starbucks Corporation under a new 10-year agreement with renewal options.
Days on Market52
Property Features for 2990 N Main St
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2022
Tenancy
Single
Listing Agency:
SRS Industrial - Newport Beach
(714) 337-2740
Listed By:
Parker Walter
(714) 337-2740
Source:
Srsre
Added: Jun 9
Changed: Jul 10
Last Checked: Jul 30 at 2:26AM
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
Investment Insights
Based on property information with market context.
SRS National Net Lease is pleased to offer the fee simple interest (land and building ownership) in a Starbucks NNN investment property. The asset is leased to Starbucks Corporation under a new 10-year lease signed in 2023, with four (4) additional five-year options to extend. Lease economics include 8% rental increases every five years throughout the initial term and at the start of each option period. The property is structured with minimal landlord responsibilities, aligning with a limited-management investment profile.
The property is located at 2990 N Main St in Taylor, Texas, within the Austin MSA. Starbucks is the corporate tenant, and the offering is presented as an investment grade lease structure with a corporate guarantee tied to Starbucks.
For investors seeking a single-tenant, corporate-guaranteed NNN asset, this Starbucks lease offers a long initial term with multiple extension options. The rent schedule includes scheduled increases beginning every five years, and the limited landlord obligations are designed to reduce operational involvement. The combination of fee simple ownership and a Starbucks corporate tenant makes this an appropriate fit for buyers focused on an NNN model with long-term tenancy under a newly executed agreement.
The property is located at 2990 N Main St in Taylor, Texas, within the Austin MSA. Starbucks is the corporate tenant, and the offering is presented as an investment grade lease structure with a corporate guarantee tied to Starbucks.
For investors seeking a single-tenant, corporate-guaranteed NNN asset, this Starbucks lease offers a long initial term with multiple extension options. The rent schedule includes scheduled increases beginning every five years, and the limited landlord obligations are designed to reduce operational involvement. The combination of fee simple ownership and a Starbucks corporate tenant makes this an appropriate fit for buyers focused on an NNN model with long-term tenancy under a newly executed agreement.
Key Highlights
- 2022‑built fee simple Starbucks NNN investment property
- Starbucks Corporation tenant; corporate guaranteed lease (NASDAQ: SBUX)
- New 10‑year lease signed in 2023 with 4 (5‑year) extension options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
280k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 26%
Shops & Services 21%
Superstores 19%
Groceries 19%
Walmart
Superstores
53,555 visits/mo
0.2 miles
H-E-B
Groceries
48,371 visits/mo
0.3 miles
Whataburger
Dining
22,975 visits/mo
0.1 miles
Murphy USA
Shops & Services
21,058 visits/mo
0.2 miles
H-E-B Fuel
Shops & Services
15,912 visits/mo
0.2 miles
Demographics for 76574, TX
19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fee simple NNN property leased to Starbucks Corporation under a new 10-year agreement with renewal options.
Where is this nnn property located?
The property is located at 2990 N Main St Taylor, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 2022‑built fee simple Starbucks NNN investment property; Starbucks Corporation tenant; corporate guaranteed lease (NASDAQ: SBUX); New 10‑year lease signed in 2023 with 4 (5‑year) extension options
