For Sale
$2,174,000

Moss Bluff Louisiana 70611 Sam Houston Jones Pkwy And School StMoss Bluff, LA 70611

Louisiana QSR, Fee Simple, 5.75% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115
This fee-simple ownership opportunity presents a brand-new, 2,165 square foot Starbucks in Moss Bluff, Louisiana. Built in 2023, the property boasts a 10-year lease with four 5-year options, featuring 10% rent increases every five years initially and 8% increases at the start of each option period. The corporate-guaranteed lease (NYSE: SBUX) is a Net Lease (NN), with landlord responsibilities limited to the roof, exterior structure, foundation, and parking lot. The property enjoys a 5.75% cap rate and a current NOI of $125,000, with an asking price of $2,174,000 ($1,004.16/sq ft). Located on Sam Houston Jones Parkway, a high-traffic area with over 21,000 vehicles per day, the Starbucks benefits from a strong retail corridor with numerous national tenants, including Walmart, Popeyes, and others. The site's proximity to Moss Bluff Middle and Sam Houston High Schools further enhances its visibility and customer base. The 5-mile trade area has over 43,000 residents and 9,000 employees, and a 1-mile radius boasts an average household income exceeding $130,631. The property is zoned C-2: General Commercial. This investment offers a compelling combination of a strong tenant, favorable lease terms, and a prime location.

Highlights

  • Brand new, 2,165 SF Starbucks built in 2023 with a drive-thru. 10-year lease with four 5-year options, corporate guaranteed by Starbucks (NYSE: SBUX).
  • Net lease (NN) with limited landlord responsibilities (roof, exterior, foundation, parking lot). Fee simple ownership.
  • Located on high-traffic Sam Houston Jones Parkway (21,500 VPD) in a dense retail corridor near Walmart, Popeyes, and schools.
  • Strong demographics: 5-mile trade area with over 43,000 residents and 9,000 employees; average household income exceeding $130,631 within a 1-mile radius.

Property Details for Moss Bluff Louisiana 70611 Sam Houston Jones Pkwy And School St

Property type
Retail properties, Restaurants
Square Feet
2,165 SF
Year Built
2023

Location Insight

City
Moss Bluff
County
State
Louisiana
Latitude
30.3006236
Longitude
-93.2023545
Moss Bluff Louisiana 70611 Sam Houston Jones Pkwy And School St, Moss Bluff, Louisiana

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Moss Bluff Louisiana 70611 Sam Houston Jones Pkwy And School St
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