1206 43Rd StHouston, TX 77018

For Sale
$1,625,000

High-traffic, freestanding Starbucks with drive-thru.

Overview

Added:
Dec 11, 2024
Days on market:
95
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.

Highlights

  • Prime infill location with attractive building design.
  • Rental rates are slightly below market for comparable inline spaces.
  • 20-year roof warranty installed in 2021.
  • Freestanding building situated on a successful retail center pad site.

Property Details for 1206 43Rd St

Property type
Other retail properties, Restaurants
Square Feet
1,750 SF
Year Built
2007
Lot Size (sq. ft)
18,905 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.8286436
Longitude
-95.4303992
1206 43Rd St, Houston, Texas

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1206 43Rd St
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