905 Brazosport Blvd Freeport, TX 77541
This exceptional investment opportunity presents a fee-simple ownership of a newly constructed (2023) Starbucks located at 905 N Brazosport Blvd, Freeport, TX 77541. The 2,016 square foot building sits on a 0.639-acre lot and boasts a 15-car stack drive-thru and 30 parking spaces. This Class A property features a 10-year net lease (commencing July 1, 2023, and expiring June 30, 2033) with a corporate guarantee from Starbucks Corporation. The lease includes four additional five-year renewal options, with 10% rent bumps every five years, providing a strong hedge against inflation. The current annual net operating income (NOI) is $124,500, resulting in a 5.75% cap rate and a price per square foot of $1,074.02. The property is zoned Commercial F-1 and benefits from its high-traffic location on N. Brazosport Blvd (TX-288), experiencing over 28,500 vehicles per day. The strategic location near Dow Chemical, Port Freeport, and a significant concentration of industrial, office, restaurant, and retail space within a five-mile radius ensures a robust customer base. This self-maintaining lease minimizes landlord responsibilities, making it an ideal passive investment. The asking price is $2,165,217. This is a rare opportunity to acquire a high-performing, low-maintenance Starbucks investment in a strong Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.