Tenant: Starbucks | Cedar Park, TX Premises: 2,960 SF Renewal Options: 4 x 5 Years
Lease Expiration: 4/31/2028 Lease Type: NN Rental Increases: 10% Every 5 Years
Brand New Construction – Opening April 2018
Corporate Starbucks (NYSE: SBUX) with $91.8 Billion Market CAP
Prime Corner at N Bell Blvd and FM 1431 / Whitestone Blvd with High Traffic Counts of 52,000+ VPD
Excellent Density of 164,239 Residents Within a 5-Mile Radius
2 Miles from the H-E-B Center at Cedar Park – An 8,000 Seat Arena Presenting Concerts, Pro-Hockey, Basketball Games, Family Shows and More
3 Miles to Downtown Cedar Park, City Hall and the Fire Department
20 Miles North of Downtown Austin – 11th Most Populated City in the U.S and Fastest Growing City According to Forbes in 2016
3.1 Miles from Firefly Aerospace – A Private Aerospace Firm that Develops Small and Medium-Sized Launch Vehicles for Launches into Orbit (60 Employees)
3.2 Miles from Dana Incorporated (Car Technology Manufacturer) – A 40,000 SF Technology Center with 80 Employees and has an Expected Economic Impact of$277 Million After Opening in April 2014
Surrounding Retailers Include: Walmart Supercenter, H-E-B Grocery, UPS Store, Big Lots, Costco Wholesale, In-N-Out Burger, Chili’s Bar & Grill, Taco Cabana, McDonald’s, GameStop, AutoZone, Schlotzsky’s, Taco Bell, Wendy’s and Many More
In Cooperation with Sands Investment Group Austin, LLC – Lic # 9004706
Starbucks Corporation is an American coffee company and coffeehouse chain. Starbucks was founded in Seattle, Washington in 1971. Today it operates more than 27,000 retail stores in 75 countries.
Starbucks is considered the main representative of "second wave coffee," initially distinguishing itself from other coffee-serving venues in the U.S by taste, quality, and customer experience, while popularizing darkly roasted coffee. Since the 2000’s, third wave coffee makers have targeted quality-minded coffee drinkers with hand-made coffee based on lighter roasts, while Starbucks nowadays uses automated espresso machines for efficiency and safety reasons.