Starbucks

Subject Property

1321 FM 1092 Road
Missouri City, TX

Price: $2,010,000
Cap Rate: 5.35%
NOI: $107,500
Building Size: Approx. 1,900 Sq. Ft.
Lot Size: Approx. 0.75 Acres
Status: Sold
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Construction. 1,900+/- SF Building on .75+/- Acre Site
  • New 10-Year Corp Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along FM 1092 (41K VPD) & Lexington Blvd (12K VPD)
  • Adjacent to Take 5 Oil Change | Near CVS, Walgreens, Burger King
  • Missouri City has become a much sought-after address in SW Houston
  • Subject property is near Multiple Preparatory Schools (7K+ Student)
  • Attractions: The Galleria | NRG Stadium | Space Center | Houston Zoo
  • Major Employers: BP America  | Shell Oil Company | Exxon Mobil Corp
  • 3-Mile Radius: 2017 Estimated Pop: 100,954 | Avg HH Income:  $116,629
  • Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800