1225 Knickerbocker rd - Commercial LAND FOR SALE


San Angelo, TX 76904 33,106 SF
$2,721,000 USD
602-206-0784
1225 Knickerbocker rd, San Angelo, TX for Sale
$2,721,000 USD
Commercial LAND - FOR SALE
1/6
33,106 SF

1225 Knickerbocker rd
San Angelo, TX 76904


OVERVIEW

- 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).

FOR SALE DETAILS

PRICE

$2,721,000 USD

PRICE/ACRE

$3,580,220/AC

PRICE/SF

$82 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Starbucks Dive-Thru - San Angelo, TX

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.76 AC

LAND SF

33,106 SF

OFFSITE IMPROVEMENTS

-

ZONING

C1

APN/PARCEL ID

15-30430-0000-002-00

ASK ABOUT THIS PROPERTY

Ben FarthingCBREMore Info
602-206-0784

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Ben FarthingCBREMore Info
602-206-0784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.