Starbucks
Salado
,
TX
Texas
North Austin Market
Call for Details
$
2,895,000
Call for Details
5.70
%
CAP Rate

Brand New Construction with a Drive-Thru
Limited Nearby Drive Through Coffee Competition
Located Along I-35 (88,586 ADT)
within New Salado Center Development
<1 Mile from Salado High School
Currently Undergoing a Major Expansion
Property details
- New 10-Year Corporate Net Lease to Starbucks (NASDAQ: SBUX)
- Scheduled Rent Increases Throughout Primary Term and Options
- Favorable Self-Maintain Lease Language with No CAM and Minimal Landlord Obligations
- Brand New 2026 Construction Featuring a Drive-Thru Component
- Locations with Drive-Thru’s are the Most Profitable for Starbucks
- Investment-Grade Tenant, Rated BBB+ by Standard & Poor’s
- Starbucks is Ranked #126 on Fortune 500 with Revenue of $37.2 Billion & Net Income of $1.86 Billion (2025)
- Strategic, Highway-Accessible Central Texas Location with Strong Regional Connectivity
- I-35 is the Primary North-South Corridor Connecting Austin, Temple, Waco, and Dallas-Fort Worth
- Within New 64-Acre Salado Center Development
- Adjacent to QuikTrip, Taco Bell, Future Grandview Bank Salado Branch, with Plans for an O’Reilly Auto Parts, Golden Chick, Medical Clinic, and Additional Commercial and Residential Components
- Less than a Mile from Salado High School (Currently Under Expansion), Salado Middle School (1,300+ Students), and a New Elementary School
- Population of 291,904 within 15 Miles with an Annual Growth Rate of 1.45%
- Average Household Income of $143,837 within a 3-Mile Radius
- Killeen-Temple-Fort Hood MSA (Population of Over 500,000)
- Qualifies for 100% Bonus Depreciation via Cost Segregation Desirable Location in Historic Salado Less than 45 Minutes North of Austin
- Family-Friendly Community with Top-Rated Schools and Walkable Downtown
- Experiencing Significant Commercial & Residential Growth
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
