1225 Knickerbocker rd - Starbucks Dive-Thru - San Angelo, TX
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1225 Knickerbocker rd - Starbucks Dive-Thru - San Angelo, TX
0.76 Acres of Commercial Land Offered at $2,721,000 in San Angelo, TX 76904
Executive Summary
- Single-tenant Starbucks drive-thru investment opportunity, featuring a brand-new 10-year lease with 10% rental increases every 5-years and four (4), five (5) year option periods.
- This is a rare lease where Starbucks is responsible for the maintenance of the common area.
Starbucks has an investment-grade S&P credit rating of BBB+ and operates ±39,477 stores globally (Source: Starbucks.com).
- The Property is located across the street from Angelo State University with ±11,250 students and ±441 faculty (Source: angelo.edu).
- Top national retailers in the immediate area include Chick-fil-A, Chipotle, Raising Cane’s, Cheddar’s Scratch Kitchen, Twin Peaks, and many more.
- Shannon West Texas Memorial Hospital (±600 licensed beds) is located ±7 minutes from the Property (Source: shannonhealth.com).
Goodfellow Air Force Base is located ±12 minutes from the Property. Goodfellow AFB is a joint service base that trains over 9,000 students a year. At any given time, they have 5,000 military, 800 civil service, and 12,000 family members on the installation (Source: military.com).
- San Angelo Airport (SJT) is located ±13 minutes from the Property. SJT has a total economic impact of $124.M on the local community and supports ±1,218 jobs (Source: cosatx.us).
- This is a rare lease where Starbucks is responsible for the maintenance of the common area.
Starbucks has an investment-grade S&P credit rating of BBB+ and operates ±39,477 stores globally (Source: Starbucks.com).
- The Property is located across the street from Angelo State University with ±11,250 students and ±441 faculty (Source: angelo.edu).
- Top national retailers in the immediate area include Chick-fil-A, Chipotle, Raising Cane’s, Cheddar’s Scratch Kitchen, Twin Peaks, and many more.
- Shannon West Texas Memorial Hospital (±600 licensed beds) is located ±7 minutes from the Property (Source: shannonhealth.com).
Goodfellow Air Force Base is located ±12 minutes from the Property. Goodfellow AFB is a joint service base that trains over 9,000 students a year. At any given time, they have 5,000 military, 800 civil service, and 12,000 family members on the installation (Source: military.com).
- San Angelo Airport (SJT) is located ±13 minutes from the Property. SJT has a total economic impact of $124.M on the local community and supports ±1,218 jobs (Source: cosatx.us).
Data Room Click Here to Access
Property Facts
| Price | $2,721,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.76 AC |
| Property Type | Land |
| Price | $2,721,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.76 AC |
1 Lot Available
Lot
| Price | $2,721,000 | Lot Size | 0.76 AC |
| Price Per AC | $3,580,263 |
| Price | $2,721,000 |
| Price Per AC | $3,580,263 |
| Lot Size | 0.76 AC |
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PROPERTY TAXES
| Parcel Number | 15-30430-0000-002-00 | Improvements Assessment | $706,540 |
| Land Assessment | $230,690 | Total Assessment | $937,230 |
PROPERTY TAXES
Parcel Number
15-30430-0000-002-00
Land Assessment
$230,690
Improvements Assessment
$706,540
Total Assessment
$937,230
zoning
| Zoning Code | C1 |
| C1 |
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1225 Knickerbocker rd - Starbucks Dive-Thru - San Angelo, TX
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