875 S State Hwy 78 - Fast Food FOR SALE


Lavon, TX 75166
$3,035,000 USD
415-413-3005
875 S State Hwy 78, Lavon, TX for Sale
$3,035,000 USD
Fast Food - FOR SALE
1/6
null | 5.35% Cap Rate

875 S State Hwy 78
Lavon, TX 75166


HIGHLIGHTS

  • Starbucks is responsible for most property-related expenses, providing a passive income stream for the landlord
  • Backed by Starbucks Corporation, a globally recognized brand with over 35,000 locations worldwide
  • Starbucks’ proven business model ensures consistent and reliable income for investors
  • The lease includes an initial 10-year term with four (4) additional five-year renewal options, offering long-term investment stability

OVERVIEW

The property is located along State Highway 78, a key commercial corridor with a daily traffic count of 28,354 AADT, offering excellent visibility and exposure to a steady flow of potential customers throughout the day. The property benefits from its proximity to popular destinations like Lake Lavon, which attracts outdoor enthusiasts for boating, fishing, and camping and drives consistent visitor traffic. This Starbucks features the latest prototypical design, incorporating energy-efficient systems and a contemporary layout, minimizing operational costs while creating an inviting and efficient environment for customers. The surrounding area is experiencing rapid residential growth, supported by new developments in Lavon and nearby Wylie, ensuring a broad and diverse customer base of families, professionals, and outdoor tourists. The area boasts an average household income that supports strong consumer spending, providing solid demand for retail services and a stable market for Starbucks. Positioned directly on State Highway 78, the property provides easy access for commuters and residents from Lavon, Wylie, and other nearby communities, ensuring a wide regional reach. Starbucks, a globally recognized and trusted brand, draws loyal customers and ensures the property’s long-term viability, making it a strong and appealing investment opportunity.

FOR SALE DETAILS

PRICE

$3,035,000 USD

PRICE/SF

$1,373 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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Ryan ForsythCushman & WakefieldMore Info
415-413-3005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.