M&M Arranges Sale of Starbucks Property in Metro Houston

by Katie Sloan

Sugar Land, Texas — Marcus & Millichap has arranged the sale of a 1,850-square-foot, net-leased Starbucks Coffee located in Sugar Land.

Justin Miller, Derek Hargrove and Davis Hansen of Marcus & Millichap’s Houston office marketed the property on behalf of the seller, a Houston-based developer. The property sold to an out-of-state investor utilizing a 1031 tax-deferred exchange. Starbucks is located at 6502 Highway 90.

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