3073 Eastman RdLongview, TX 75605

This exceptional investment opportunity presents a 1,750 square foot Starbucks in Longview, Texas. Located at a hard-corner, signalized intersection with over 44,000 cars daily, this freestanding drive-thru building boasts excellent visibility and accessibility. The property sits on a 1.19-acre lot and includes 16 parking spaces. The current tenant, Starbucks, enjoys a 10-year remaining lease term (with four 5-year renewal options) and a strong operating history of 15+ years at this location. The lease is a corporate-guaranteed net lease, providing a secure and low-maintenance investment. The property's strong financial performance is reflected in a 5.82% cap rate and a net operating income (NOI) of $94,500. Built in 2008, this property offers a compelling combination of a credit-rated tenant, a prime location, and a long-term lease, making it an attractive addition to any portfolio. The asking price is $1,625,000, translating to $928.57 per square foot. This is a 100% occupied, single-tenant property in Gregg County, Texas, with the address 3073 N Eastman Rd, Longview, TX 75605. The property's location in Texas offers the added benefit of no state income tax.