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NNN Starbucks in Longview, TX 707 W Marshall Ave 1,984 SF Retail Building Longview, TX 75601 $1,796,066 ($905.28/SF) 6.10% Cap Rate



Investment Highlights
- NNN CORPORATE STARBUCKS LEASE: Self-maintaining lease with landlord responsibilities limited to structure only, includes a 20-year roof warranty
- ONLY STARBUCKS SERVING CENTRAL LONGVIEW: The only Starbucks within a 3-mile radius, providing the property with a highly convenient location
- INVESTMENT-GRADE TENANT: Publicly traded (NYSE: SBUX)and holds an investment grade credit rating of BBB+ from Standard & Poor’s
- NEWER 2021 CONSTRUCTION & HIGH TENANT COMMITMENT: Modern construction featuring a specially commissioned mural
- APPROXIMATELY 100,000-DAYTIME POPULATION: The property benefits from a significant daytime population influx, supporting consistent weekday demand
- SIGNALIZED CORNER KROGER OUTPARCEL LOCATION: Excellent visibility and accessibility at a signalized intersection, with high traffic counts
Executive Summary
This offering presents a highly attractive opportunity to acquire a newer construction, corporate-leased Starbucks asset in the heart of Longview, Texas. The property is secured by a long-term NNN lease structure that provides investors with passive, management-free ownership, with landlord responsibilities limited primarily to the structure. Built in 2021, the asset reflects Starbucks’ strong commitment to the site, highlighted by modern construction and a location-specific investment, reinforcing long-term operational stability. The tenant’s responsibility for CAM, parking lot, and a transferrable 20-year roof warranty further enhances the durability of the income stream.
Strategically positioned as the only Starbucks within a three-mile radius, the property benefits from a meaningful trade area advantage, serving a dense and consistent customer base driven by an approximate 100,000 daytime population. Located at a signalized corner intersection with traffic counts exceeding 56,000 vehicles per day and as an outparcel to a Kroger-anchored center, the site offers exceptional visibility, access, and consumer draw. Longview’s role as a key East Texas economic hub, combined with Texas’ business-friendly, no state income tax environment, further strengthens the long-term fundamentals of the investment. Backed by an investment-grade tenant with a globally recognized brand and strong drive-thru model, this asset offers secure cash flow with built-in market resilience.
Strategically positioned as the only Starbucks within a three-mile radius, the property benefits from a meaningful trade area advantage, serving a dense and consistent customer base driven by an approximate 100,000 daytime population. Located at a signalized corner intersection with traffic counts exceeding 56,000 vehicles per day and as an outparcel to a Kroger-anchored center, the site offers exceptional visibility, access, and consumer draw. Longview’s role as a key East Texas economic hub, combined with Texas’ business-friendly, no state income tax environment, further strengthens the long-term fundamentals of the investment. Backed by an investment-grade tenant with a globally recognized brand and strong drive-thru model, this asset offers secure cash flow with built-in market resilience.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,984 SF
Year Built
2021
Price
$1,796,066
Price Per SF
$905.28
Cap Rate
6.10%
NOI
$109,560
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.49 AC
Parking
20 Spaces (10.08 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Cafe
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Starbucks
- Accommodation and Food Services
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99,999 SF
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Starbucks | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 32923 | Improvements Assessment | $602,400 |
| Land Assessment | $213,440 | Total Assessment | $815,840 |
Property Taxes
Parcel Number
32923
Land Assessment
$213,440
Improvements Assessment
$602,400
Total Assessment
$815,840
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