Texas Starbucks - 10% Rental Increase in Year 6

2856 S Cedar Pecos, TX 79772

2856 S Cedar, Pecos, TX, 79772
2856 S Cedar, Pecos, TX, 79772 2856 S Cedar, Pecos, TX, 79772 2856 S Cedar, Pecos, TX, 79772 2856 S Cedar, Pecos, TX, 79772 2856 S Cedar, Pecos, TX, 79772 2856 S Cedar, Pecos, TX, 79772
FOR SALE
Property Type:
Free Standing Building
Amount:
$2,192,985
Last Verified:
Apr 12, 2024

Highlights

  • New Development Texas Starbucks
  • Starbucks Exercised First Option Early Leaving 15 Years Remaining on Current Term
  • 10% Rental Increases Every 5 Years Throughout Current Term & Options
  • Early Extension Confirms Starbucks Commitment to Site
  • Passive Lease Structure - Concrete Parking Lot with Minimal LL Responsibilities
  • Located Along Major Retail Corridor through Pecos with around 13,000+ VPD
  • Strong Built-in Customer Base - Across the Street from United Supermarket Grocery Store, Next Door to Holiday Inn Express

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a new development Starbucks in Pecos, TX. The store is open and paying rent.

tbd


Year Built: 2023
Building Size: 2200sq ft
Lot Size: 0.75 acres


Documents

Offering Memorandum

Map of 2856 S Cedar, Pecos, TX, 79772

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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