Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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