1225 Knickerbocker Rd
San Angelo, TX 76904
Starbucks Dive-Thru - San Angelo, TX · Land For Sale · 1.23 AC

New Construction, 10-Year NN+ Lease 10% rent increases every 5 years provide a hedge against inflation Investment grade tenant – the corporate lease is backed by Starbucks Corporation, a globally recognized tenant with over 40,200 locations and a BBB+/Baa1 credit rating from S&P and Moody’s Rare lease structure with Starbucks responsible for the common area maintenance and 7 years remaining on the roof warranty Directly across Knickerbocker Road from Angelo State University, home to 11,542 students and 426 faculty members Excellent access and visibility from Knickerbocker Road with ample parking and drive-through options Strategic location in close proximity to 2 major medical centers with over 725 patient-beds (Shannon West Texas Memorial Hospital | San Angelo Community Medical Center) This location also benefits from its proximity to Goodfellow Air Force Base, a joint service base serving a population of over 12,500. Goodfellow AFB has ~3,500 students at one time and graduates over 10,000 students annually. Densely Populated and Affluent Trade Area with ~63,000 residents within 3 miles with an average household income over $80,500, projected to increase to over $91,800 by 2029 Income Tax-Free State – Texas in an income tax free state