1804 N State Highway 78

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Starbucks investment property located in Wylie, Texas. The tenant, Starbucks Corporation, recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. The Starbucks is located near the signalized, hard-corner intersection of State Hwy 78 and Eubanks Ln. State Hwy 78 averages over 33,300 vehicles passing by daily and is a major retail thoroughfare serving the city of Wylie.