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Investment Highlights

  • New 10-Year Lease: Rare Starbucks Lease Provision With Tenant Self-Maintaining the Property
  • Corporate Lease (NASDAQ: SBUX; S&P: BBB+)
  • The Subject Property Features a Drive-Thru, Outdoor Patio Seating, and an Indoor Pick-Up Window
  • 10% Rent Increase in Year 6 of the Primary Term
  • New Starbucks Prototype; Favorable Café and Drive-Thru Format
  • No Income Tax: Texas Is a Non-Income Tax State

Executive Summary

New 10-Year Lease | Covered Land Play With Low Rent | Off I-20; 45,000 CPD

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,400 SF
Building Class
C
Year Built
2022
Price
$1,867,000
Price Per SF
$1,333.57
Cap Rate
6%
NOI
$112,020
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.87 AC
Opportunity Zone
Yes
Frontage
61’ on Estes Pky

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -

Nearby Major Retailers

Waffle House
Anytime Fitness
Cracker Barrel Old Country Store
Denny's
  • Listing ID: 39340031

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 3620 Estes Pky, Longview, TX 75603

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