Property Highlights
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Starbucks | Garland, TX. The Premises is leased to Starbucks for a 10-year initial term. The Asset is well positioned on a Home Depot outparcel & major thoroughfare in Garland, TX (Dallas MSA) which is the 13th largest city in TX, and is the 4th fastest largest MSA in the country.
- Corporate Guarantee from Credit Worthy Tenant
- Starbucks has a S&P credit rating of BBB+ | Over 35,000 locations worldwide | $30.3B Total Revenue
- Home Depot Outparcel On Dense Commercial Corridor
- Located at the intersection of Jupiter Rd (37,238 VPD) and Buckingham Rd (29,120 VPD) | Over 1.1MSF of Retail Space in a 1-mile radius (2.8% Vacancy) | Neighboring Retailers: Lowe’s HI, Target, ROSS Dress for Less, Petco, Big Lots!, Aldi, and Walmart Neighborhood Market
- Strong Demographics
- 5-Mile Population Over 380K people | Average HH Income nearly $100k
- New Construction of Relocated Store
- Recently delivered building with warranties in place | Relocation Store with Proven Sales | This Store has Drive-Thru and Larger Parcel
- Dallas-Fort Worth MSA
- The Dallas-Forth Worth MSA is the 4th largest MSA in the U.S. | DFW had the largest numeric population gain in 2022 with 19,170 people moving there