1206 43rd St Houston, TX 77018-4204
This exceptional investment opportunity presents a 1,750 square foot Starbucks located at 1206 W 43rd St, Houston, TX 77018, in Harris County. The property, built in 2007, sits on a 0.434-acre lot and boasts a 100% occupancy rate with a corporate-guaranteed lease. The tenant, Starbucks, operates under a Net Net lease structure. The asking price is $1,625,000, translating to a price per square foot of $928.57. This freestanding, infill location benefits from its attractive design and high visibility within an affluent neighborhood, resulting in strong traffic. The rent is only slightly higher than comparable inline spaces, making this a particularly attractive investment. Furthermore, Starbucks has already exercised an option, with two remaining options on the lease. The property also features a significant advantage: a 20-year roof warranty, commencing in 2021. This turnkey investment offers a stable income stream and significant long-term potential within a thriving retail environment. The property's QSR/Fast Food subtype and prime location make it an ideal addition to any portfolio.
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Starbucks Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.