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
  1. New 10-Year Corporate Net Lease to Starbucks (NASDAQ: SBUX)
    • Scheduled Rent Increases Throughout Primary Term and Options
  2. Favorable Self-Maintain Lease Language with No CAM and Minimal Landlord Obligations
  3. Brand New 2026 Construction Featuring a Drive-Thru Component
    • Locations with Drive-Thru’s are the Most Profitable for Starbucks
  4. Investment-Grade Tenant, Rated BBB+ by Standard & Poor’s
  5. Starbucks is Ranked #126 on Fortune 500 with Revenue of $37.2 Billion & Net Income of $1.86 Billion (2025)
  6. 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
  7. 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
  8. Less than a Mile from Salado High School (Currently Under Expansion), Salado Middle School (1,300+ Students), and a New Elementary School
  9. Population of 291,904 within 15 Miles with an Annual Growth Rate of 1.45%
  10. Average Household Income of $143,837 within a 3-Mile Radius
  11. Killeen-Temple-Fort Hood MSA (Population of Over 500,000)
  12. 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
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
2,325
SF
Lot Size
0.927
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387