3620 Estes Pky - Fast Food FOR SALE
Longview, TX 75603 |
$1,867,000 USD
844-585-7682
3620 Estes Pky
Longview, TX 75603
HIGHLIGHTS
- New 10-Year Lease: Rare Starbucks Lease Provision With Tenant Self-Maintaining the Property
- 10% Rent Increase in Year 6 of the Primary Term
- Corporate Lease (NASDAQ: SBUX; S&P: BBB+)
- New Starbucks Prototype; Favorable Café and Drive-Thru Format
- The Subject Property Features a Drive-Thru, Outdoor Patio Seating, and an Indoor Pick-Up Window
- No Income Tax: Texas Is a Non-Income Tax State
FOR SALE DETAILS
PRICE
$1,867,000 USD
PRICE/SF
$1,334 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks | Longview, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.87 AC
LAND SF
37,897 SF
ZONING
-
APN/PARCEL ID
0219011700-031-00-02
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844-585-7682
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844-585-7682
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