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Starbucks-Leased Retail Building
For Sale
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707 W Marshall Ave, Longview, TX 75601

New retail building completed in 2021, leased long-term to Starbucks with scheduled 10% rent increases every five years.

Property SizeContact for details
Days on Market123

Property Features for 707 W Marshall Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Year Built 2021
Tenancy Single
Listing Agency: The Woodmont Company
Listed By: Trip Green · License #TX 302455
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Woodmont Company

Investment Insights

Based on property information with market context.

This fee simple retail building was completed in 2021 and is currently leased to Starbucks, Inc. under a new 10-year lease. The lease structure includes automatic 10% rent increases every five years, covering all options. Tenant responsibilities include all property taxes, utilities, and maintenance.

Ownership responsibilities are limited to the building’s foundation, roof, and exterior walls, and the roof includes a 20-year warranty. The offering also states there is no early termination right or rent abatement due to force majeure or pandemic-related government closings.

The property is offered for sale and is located at 707 W Marshall Ave in Longview, Texas, within a top Texas MSA described as approximately 300,000 population.

Key Highlights

  • All‑new retail building completed in 2021, leased long‑term to Starbucks, Inc.
  • 10‑year lease with scheduled 10% rent increases every five years, including all options.
  • Tenant responsible for all property taxes, utilities, and maintenance.

Property Analytics

Current Use

Shelby Sullivan, FNP Physician Karthik Mekala, MD Physician Dean Sabayon, MD Physician Amber Reid, FNP Physician Ayman Elbadawi, MD, ... Physician

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Food Market Furniture & Home Goods Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

Demographics for 75601, TX

15,813
Population
6,545
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
88%
High-School Grad
9.1 sq mi
ZIP Area
1,738
Density / Sq Mi
$63,279
Median Household Income
$35,505
Median Earnings
$910
Median Rent
$193,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New retail building completed in 2021, leased long-term to Starbucks with scheduled 10% rent increases every five years.
Where is this retail space located?
The property is located at 707 W Marshall Ave Longview, TX.
What are key features of this property?
This property features: All‑new retail building completed in 2021, leased long‑term to Starbucks, Inc.; 10‑year lease with scheduled 10% rent increases every five years, including all options.; Tenant responsible for all property taxes, utilities, and maintenance.
More about this property
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