For Sale
$2,495,000

802 Us-90Dayton, TX 77535

High-growth area, corporate-guaranteed lease.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a brand-new, 2,100-square-foot Starbucks located in Dayton, Texas, at 802 US-90 W, zip code 77535. The property sits on a 0.82-acre lot and boasts 35 parking spaces. Built in 2023, this single-story building features a drive-thru and patio seating, ensuring optimal customer convenience. The property is currently 100% occupied under a 10-year net lease with a corporate guarantee from Starbucks, commencing August 31, 2023, and expiring August 31, 2033. The lease includes attractive 10% rent bumps every five years, providing significant long-term value. The current net operating income (NOI) is $131,000, resulting in a 5.25% cap rate. The asking price is $2,495,000, translating to $1,188.10 per square foot. This prime location benefits from high daily traffic counts exceeding 31,653 vehicles at the signalized intersection of US-Highway 90 and State Highway 146. The property is strategically positioned within a rapidly growing area, with significant residential and commercial development underway, including the massive River Ranch master-planned community and the Gulf Inland Logistics Park, which will bring thousands of new jobs and residents to the area. The property's limited competition within a 15-mile radius further enhances its investment potential. Four, five-year lease options are available. The property is fee simple ownership. The property's location and strong tenant provide a compelling investment opportunity with substantial long-term growth potential.

Highlights

  • High-traffic corner location at US-90 and State Highway 146, exceeding 31,653 daily vehicles.
  • Excellent ingress/egress at signalized intersection, providing easy access for customers.
  • Proximity to River Ranch, a 7,000+ acre master-planned community adding 27,000+ residents to Dayton.
  • Adjacent to Gulf Inland Logistics Park, creating 5,000+ jobs and 10 million square feet of industrial space.
  • Strong retail co-tenancy including Whataburger, Wendy’s, and other national brands.
  • Exclusive Starbucks location within a 15-mile radius.

Property Details for 802 Us-90

Property type
Retail properties
Square Feet
2,100 SF
Year Built
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Dayton
County
Liberty
State
Texas
Latitude
30.0204656
Longitude
-94.9350929
802 Us-90, Dayton, Texas

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802 Us-90
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