875 State Hwy 78 Lavon, TX 75166

Exceptional investment opportunity: a brand-new, 2024-built Starbucks located in Lavon, Texas, on State Highway 78. This 2,210 square foot, single-tenant net lease property boasts a 10.4-year lease term commencing September 23, 2024, and expiring February 28, 2035, with rent bumps included. The property sits on a 0.9-acre lot and benefits from a corporate guarantee from Starbucks, a globally recognized brand with over 35,000 locations worldwide. The property enjoys a high-traffic location with 28,354 AADT, excellent visibility, and proximity to Lake Lavon, a popular recreational destination. The strong local demographics, including a high average household income, support consistent consumer spending and a stable market for the tenant. This investment offers a 5.35% cap rate and a net operating income (NOI) of $162,369, with an asking price of $3,035,000. The property's modern design incorporates energy-efficient systems, minimizing operational costs. The lease is a NN+ type, meaning the tenant is responsible for most property expenses, providing a passive income stream for the owner. This is a compelling opportunity for investors seeking a stable, long-term investment with a nationally recognized brand in a high-growth area.