High Performing TX Starbucks

Investment Overview

Investment Highlights

• New 2024 Development Starbucks in Harker Heights, TX
• NN Lease With 8.5+ Years Remaining and 10% Rent Increases Every 5 Years
• Starbucks Reports Four Consecutive Quarters of Comparable Sales Growth, With Q3 U.S. Comparable Sales Up 7.9% and Transactions Up 4.2%
• High-Performing Starbucks Location With ~44,500 Average Monthly Visits, Ranking in the 97th Percentile Nationally and 93rd Percentile in Texas Based on AlphaMap Data
• Adjacent to Harker Heights High School and Surrounded by Established Residential Communities, Creating Consistent Daily Traffic and a Built-In Customer Base
• Positioned Along the FM 2410 Corridor With Ongoing Road Improvements Supporting Access and Continued Growth, With Combined Traffic Counts of 29,000+ Vehicles Passing Daily
• Affluent, Growing Central Texas Trade Area With 100,000+ Residents Within 5 Miles, Up 31.78% Since 2010, and $111K+ Average Household Income Within 3 Miles
• Close Proximity to Fort Cavazos, One of the Nation’s Largest Military Installations