Central TX Starbucks

980 Stillhouse Lake Rd, Harker Heights, TX

Property Information

Price Summary

$ 2,381,600

Cap Rate

6.25 %

NOI

$ 148,850

Total Lot Size

1 Acres

Building Size

1,672 SF

Brad Motley

Partner

T: (817) 980-0512

Property Highlights

  • New 2024 Development Starbucks in Harker Heights, TX
  • NN Lease With 9 Years Remaining on Primary Term With 10% Increases Every 5 Years
  • Starbucks Demonstrating Resilient Transaction and Sales Trends, Reinforcing Long-Term Tenant Strength
  • Near a Signalized Intersection & Adjacent Harker Heights High School With Combined Traffic Counts of 29,000+ Vehicles Passing Daily
  • Positioned Along the FM 2410 Corridor With Ongoing Widening/Improvements Enhancing Access and Flow
  • Densely Populated 5-Mile Trade Area With 100,000+ Residents and 31.78% Population Growth Since 2010
  • Affluent Suburban Community With $111K+ Avg. Household Income Within 3 Mile
  • Active Development Tailwinds Across Harker Heights/Killeen Supporting Continued Retail Demand
  • Close Proximity to Fort Cavazos, One of the Nation’s Largest Military Installations

Point of Contact

Brad Motley

Partner

T: (817) 980-0512

TX #586199

Steelman Juarez

Associate Director

T: (972) 921-8464

TX #713565

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