Property profile

Moss Bluff Louisiana 70611 Sam Houston Jones Pkwy And School St Moss Bluff, LA 70611

OFF-MARKET
Retail properties & Spaces
2,165 SF Built 2023
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Property summary

AI-generated overview

This fee-simple ownership opportunity presents a brand-new, 2,165 square foot Starbucks in Moss Bluff, Louisiana. Built in 2023, the property boasts a 10-year lease with four 5-year options, featuring 10% rent increases every five years initially and 8% increases at the start of each option period. The corporate-guaranteed lease (NYSE: SBUX) is a Net Lease (NN), with landlord responsibilities limited to the roof, exterior structure, foundation, and parking lot. The property enjoys a 5.75% cap rate and a current NOI of $125,000, with an asking price of $2,174,000 ($1,004.16/sq ft). Located on Sam Houston Jones Parkway, a high-traffic area with over 21,000 vehicles per day, the Starbucks benefits from a strong retail corridor with numerous national tenants, including Walmart, Popeyes, and others. The site's proximity to Moss Bluff Middle and Sam Houston High Schools further enhances its visibility and customer base. The 5-mile trade area has over 43,000 residents and 9,000 employees, and a 1-mile radius boasts an average household income exceeding $130,631. The property is zoned C-2: General Commercial. This investment offers a compelling combination of a strong tenant, favorable lease terms, and a prime location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 2,165 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Moss Bluff Louisiana 70611 Sam Houston Jones Pkwy And School St Moss Bluff, LA 70611
Moss Bluff metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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