Current Use by Public Records
- Retail properties & Spaces
Property Details for 1606 Us-90
- Year built
- 2025
- Lot size
- 1.36 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a brand-new, 2,200 square foot Starbucks with a drive-thru, constructed in 2025. Located at 1606 US-90 in Liberty, Texas (zip code 77575), this Class A retail property sits on a 1.36-acre lot and boasts a 6.00% cap rate with a Net Lease (NN) structure. The property features a corporate guarantee from Starbucks, a tenant with an S&P investment grade credit rating of "BBB+" and an annual revenue exceeding $35.97 billion. The lease, with a remaining term of 10.4 years (expiring 03/31/2035), includes 10% rent bumps every 5 years. The current Net Operating Income (NOI) is $139,300. This prime location along US-90, a major thoroughfare with daily traffic exceeding 18,000 vehicles, offers excellent visibility and accessibility. The property benefits from proximity to Liberty Dayton Regional Medical Center, numerous national retailers (including Walmart, Tractor Supply, CVS, and various fast-food chains), and Liberty Municipal Airport. The affluent area boasts an average household income exceeding $90,000 within a 3-mile radius. This is a rare opportunity to acquire a high-quality, income-producing asset with a strong tenant and significant growth potential. The asking price is $2,321,667.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Liberty
- County
- Liberty
- State
- Texas
- Longitude
- -94.8001
- Latitude
- 30.0558
