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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.

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
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
  • 99,999 SF
  • -
  • Lorem Ipsum
  • 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

Kroger
Regions Bank
Scooter's Coffee
Verabank
Cadence Bank
Cotton Patch Café
Taco Bueno

Property Taxes

Property Taxes

Parcel Number
32923
Land Assessment
$213,440
Improvements Assessment
$602,400
Total Assessment
$815,840
  • Listing ID: 41734097

  • Date on Market: 8/13/2026

  • Last Updated:

  • Address: 707 W Marshall Ave, Longview, TX 75601

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