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13530 Highway 6 Santa Fe, TX 77510

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For Sale
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High-Yield NNN Lease, Strong Tenant

Property size:
2,300 SF

Property Features for 13530 Highway 6

General Information

Property type
Retail properties & Spaces
Square Feet
2,300 SF
Class
A

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Listing Contact
Royce Marek

Listing Agency: Internet Property.Com Inc Listing Agent: Royce Marek

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

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Overview

This exceptional investment opportunity presents a brand-new, 2,300 square foot Starbucks located in the thriving Santa Fe, Texas suburb, at 13530 Hwy 6, zip code 77510. The property sits on a 32,000 square foot lot and is classified as Class A retail, operating under a Net Lease (NNN) agreement. The current tenant, Starbucks, is credit-rated and backed by a corporate guarantee, ensuring a secure investment. The lease boasts a remaining term of 7 years with a 10-year initial term and a one-time kick-out option after 7 years. Rent increases are structured with 10% bumps every five years, providing consistent growth potential. Expenses are passed through to the tenant. The property currently enjoys 100% occupancy, with an occupancy date of November 1st, 2024. The asking price is $2,568,857, translating to a price per square foot of $1,116.89 and a compelling 5.25% cap rate based on a Net Operating Income (NOI) of $134,865. This build-to-suit Starbucks represents a rare opportunity for investors seeking a stable, high-performing asset in a rapidly growing market. The property is ideally suited for a 1031 exchange. Galveston County location.
Property Profile Location Intelligence

Current Use by Public Records

PJ White SR22 ... Business Management Consultant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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City
Santa Fe
County
Galveston
State
Texas
Longitude
-95.1088143
Latitude
29.3797851

FAQs

What type of property is this?
Retail property - High-Yield NNN Lease, Strong Tenant
Where is this retail property located?
The property is located at 13530 Highway 6 Santa Fe, TX.
What is the asking price?
The asking price for this property is $2,568,857.
What are key features of this property?
This property features: New construction Starbucks with a 10-year lease, including a one-time tenant option to terminate after 7 years.; Starbucks build-to-suit, brand new construction.; Rent increases of 10% every five years.
(713) 953-2127 Call to check price and availability
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