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3620 Estes Pky
Longview, TX 75603

$1,867,000 USD

Fast Food For Sale  •  1,400 SF

Property Details

• Property Type Fast Food
• Total Building Size 1,400 SF
• Lot Size 0.87 AC
• Building Class C
• Year Built 2022
• Cap Rate 6.00 %
• Tenancy Single

0 Transit Score

23 Walk Score

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

Cap Rate:

6.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Starbucks

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	3.7 mi