7530 Macarthur Blvd, Irving, TX 75063-7510
- Drive through restaurants
- 2,367 SF
- 0.75 lot acres
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
- Schlotzsky's / Take-out & Catering
Property Details for 7530 Macarthur Blvd
- Year built
- 1996
- Construction
- FRAME
- Lot size
- 0.75 lot acres
- Zone code
- Z393
- Property type
- Drive through restaurants
- APN
- 322777100C0030000
- APU
- 322777100C0030000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 24, 2025 | — | 7530 N Macarthur Blvd LLC | Cjs Schlotzsky S Irving LLC | Special Warranty Deed | — |
| Mar 12, 2025 | — | Starbucks Corporation | Cjs Schlotzkys Irving LLC | Deed | — |
| Apr 2, 2013 | $1,392,200 | Cjs Schlotzskys Irving LLC | Usrp Funding 2001 A LP | Special Warranty Deed | — |
| Jan 18, 2001 | — | Usrp Funding 2001-a LP | Us Restaurant Properties Corp | Grant Deed · related | — |
Description
This exceptional investment opportunity presents a fee-simple interest (land and building) in a Starbucks located at 7530 N MacArthur Blvd, Irving, TX 75063. The property boasts a brand-new 10-year lease (commencing June 1, 2024, and expiring June 1, 2034) with Starbucks Corporation, a corporate guaranteed tenant, featuring four 5-year renewal options. The 2,630 square foot building, constructed in 1996 and renovated in 2024, sits on a 0.75-acre lot with 37 parking spaces and benefits from a prominent location on a major retail thoroughfare with high visibility and traffic counts exceeding 68,600 vehicles daily. The lease is a Net Lease (NN) structure with limited landlord responsibilities, offering a passive investment opportunity. The lease includes 10% rental increases every five years, providing a hedge against inflation and steadily growing net operating income (NOI) currently at $157,920, resulting in a 5.35% cap rate. The property is strategically positioned near MacArthur Park and MacArthur Crossing shopping centers, anchored by national retailers such as Target, Kroger, Michaels, TJ Maxx, Ross, Sprouts, and Total Wine, further enhancing its desirability and drawing significant consumer traffic. The surrounding area demonstrates strong demographics, with an affluent population and high average household income within a 1-mile radius of $154,239. The asking price is $2,952,000, translating to $1,122.43 per square foot. The property is zoned CC. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a strong tenant and significant growth potential.
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Location Insight
- Map
- Local Demand
- City
- Irving
- County
- Dallas
- State
- Texas
- Longitude
- -96.9581
- Latitude
- 32.9087
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
