Starbucks Jacksonville, Texas
Download Offering MemorandumStarbucks
Address
598 S Jackson Street
Jacksonville, TX 75766
Property Overview
The Starbucks (the “Property”) is a 2,000 square foot retail property located at the hard corner of S Jackson St and San Antonio St in Jacksonville, Texas. Starbucks’ operations began in October 2022 and has a 10-year corporate NNN lease on 0.63 acres of land. During the original term of the lease, there is a built-in ten percent (10%) base rental escalation after 5 years, along with 4, 5-year renewal options that have seven and a half percent (7.5%) rental escalations at the start of each option period.
Investment Highlights
2022 Construction
10% Rental escalation after 5 years
4, 5-year renewal options with 7.5% rental escalations each option period
Strong credit tenant - Corporate Starbucks
High traffic volume - 20,000 VPD pass through the intersection of S Jackson St & Nacogdoches St SE
Location
Team
Brokerage team
Founded in 2009, Edge Realty Partners is a leading commercial real estate firm providing brokerage, development and investment sales services. With offices in Austin/San Antonio, Dallas/Fort Worth, Houston, Miami, Phoenix, and Southern California, the Edge platform offers over $6.2 billion in investment sales experience, $1.5 billion in development experience and exclusively represents more than 250 tenants and over 10 million square feet of commercial space.
- Phone
- 214.545.6900
- Address
5950 Berkshire Lane, Suite 700, Dallas, Texas 75225