Property summary
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,191 square foot Starbucks located in Azle, Texas. The property, built in 2022, sits on a 0.565-acre lot and boasts 32 parking spaces, including an 8-car stack drive-thru. Strategically positioned as an outparcel to a Walmart Supercenter, this location benefits from high traffic counts exceeding 25,000 vehicles daily on Boyd Rd (FM-730), and significant additional traffic on nearby TX-199 and Commerce… Street. The property features a modern design and enjoys a 100% occupancy rate under a corporate-guaranteed, Net Lease with Starbucks Corporation (NASDAQ: SBUX). The lease commenced September 5th, 2022, and has a remaining term of 8.3 years, with four additional 5-year renewal options. Rent bumps of 10% every five years provide a strong hedge against inflation. The property's strong demographics, with over 38,000 people within a 5-mile radius and an average household income exceeding $112,000, further enhance its investment appeal. The current Net Operating Income (NOI) is $127,200, representing a 5.50% cap rate on the asking price of $2,312,727. The property is zoned Commercial (HC) and offers significant upside potential given the area's robust growth trajectory, projected to increase by an additional 3.33% by 2027. This is a rare opportunity to acquire a high-quality, income-producing asset in a prime Texas location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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