Attention savvy investors! McNeff Commercial Real Estate proudly presents a prime investment opportunity: Starbucks & Vida Family Dentistry, a dynamic 4,952 SF retail gem strategically positioned in bustling Garland, Texas. This high-traffic property boasts a coveted location in front of LA Fitness and amidst a retail hotspot that includes McDonald’s, Harley-Davidson, Chase Bank, Wendy's, Jack in the Box, AutoZone, Ross Dress For Less and Dollar Tree among others. With an average base lease term expiration of April 2031, and an affluent customer base with household incomes exceeding $88,264 and $102,942 within 3 and a 5-mile radius, this property promises a lucrative return on investment for those who act fast.
Investment Overview
Highly Relevant Starbucks Drive Thru Multi-Tenant Retail Asset in front of LA Fitness in the Dense DFW Submarket Garland, TX
Total Population Exceeds 21,140 People in a 1 Mile Radius
Starbucks (NASDAQ: SBUX) Generated Over $36.1 Billion in Revenue & Ranked 116 on the Fortune 500 List for 2024
Parallel Positioning to W. Centerville Road, a Drive Thru End Cap for Starbucks, Partial Masonry Construction, an Average Suite Size of 2,476 SF, Shallow Bay Depth, Multiple Ingress/Egress Points & a Two-Sided Pole Monument Sign
Average Household Income Exceeds $88,264 & $102,942 in a 3 & 5 Mile Radius
W. Centerville Road between IH-635 WBFR and Marketplace/Broadmoor (44,396 + AADT)
Nearby Retailers Include LA Fitness, McDonald’s, Harley-Davidson, Chase Bank, Wendy's, Jack in the Box, AutoZone, Ross Dress For Less and Dollar Tree among others.
The property is located minutes south of the thriving North Garland Avenue retail corridor with over 1,000,000 SF of retail, restaurant and service GLA. National retailers located along the North Garland Avenue corridor include Walmart, Sam’s Club, Target, Michaels, PetSmart, Office Depot, 7-Eleven, Chick-fil-A, Raising Cane’s, Wells Fargo, PNC Bank, Frost Bank, Bank of America, Murphy Express and Panda Express among numerous others.
Location Summary
Starbucks & Vida Family Dentistry is a 4,952 SF highly relevant drive thru multi-tenant retail asset in front of LA Fitness located within the dense DFW submarket of Garland, Texas. Situated just off the intersection of IH-635 and W. Centerville Road, the Property is approximately 20 minutes from downtown Downtown Dallas and 25 minutes to DFW Airport. Built in 2012, the Property is 100% leased to a compelling and relevant tenant lineup which includes Starbucks and Vida Family Dentistry. Located on 0.863, the Property benefits from an average weighted lease term expiration of April 2031.
Starbucks & Vida Family Dentistry are strategically positioned just off the IH-635 and W. Centerville Road intersection, which boasts a combined traffic count in excess of 44,396 annual average vehicles per day. IH-635, located just west of the Property, is a major throughfare that provides convenient connectivity throughout the Dallas Fort Worth Metroplex submarkets. Starbucks & Vida Family Dentistry is favorably located within minutes of the newly approved zoning so that Garland can have a Legacy West of their own.
Starbucks (NASDAQ: SBUX) operates over 40,000 locations world wide and reported revenue in excess of $36.1 billion in 2024. Starbucks is rated “BBB+” by S&P and is ranked #116 on the Fortune 500 list in 2024. Starbucks and Vida Family Dentistry benefits from parallel positioning to W. Centerville Road, a drive thru end cap and outdoor covered patio for Starbucks, partial masonry construction/tilt wall and engaging architectural elements, an average suite size of 2,476 SF, shallow bay depth, multiple ingress/egress points and a two-sided pole monument sign. The Property is located within a strong yet growing retail corridor with national retailers such as LA Fitness, McDonald’s, Harley-Davidson, Chase Bank, Wendy's, Jack in the Box, AutoZone, Ross Dress For Less and Dollar Tree among others. Within a one mile radius of Starbucks & Vida Family Dentistry, the population exceeds 21,140 people.
