895 US Highway 271 N | Gilmer, TX 75644
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- LoopNet Team
895 US Highway 271 N
Gilmer, TX 75644
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-Year Net Lease to Starbucks (NASDAQ: SBUX) with 10% Scheduled Rental Escalations
- Nearby Anchor Tenants Include Walmart Supercenter & Dollar Tree
- Highly Functional Footprint featuring Drive-Thru Component Pandemic-Resistant Use Well Adapted to Drive-Thru & Carry-Out
- No Early Termination Right
- New 2023 Build-to-Suit Construction
- Only Starbucks Location within 18 Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,160 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.90 AC
Parking
47 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
151’ on US Highway 271 North
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 40973 | Improvements Assessment | $588,450 |
| Land Assessment | $227,210 | Total Assessment | $815,660 |
PROPERTY TAXES
Parcel Number
40973
Land Assessment
$227,210
Improvements Assessment
$588,450
Total Assessment
$815,660
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