Description

Colliers presents a compelling opportunity for qualified investors to acquire a single-tenant net lease Starbucks property in Jacksonville, Texas. The ±2,000-square-foot freestanding building was completed in 2022 as a build-to-suit for Starbucks Corporation, which executed a 10-year corporate-guaranteed lease with four additional 5-year extension options. The lease includes scheduled rent increases every five years and offers minimal landlord responsibilities, making it well-suited for passive investment. Strategically positioned at the signalized corner of South Jackson Street and San Antonio Street, the property benefits from strong visibility and traffic, with over 22,000 vehicles per day along the corridor, and is shadow-anchored by UT Health Jacksonville General Hospital. The surrounding retail trade area features a strong lineup of national brands, while Jacksonville’s growing population—within a combined Tyler-Jacksonville area exceeding 300,000 residents—supports long-term demand, reinforced by its role as the largest city in Cherokee County and its balance of small-town appeal and urban accessibility.