Miscellaneous
Spec’s (Absolute Net Lease)
8915 US-175, Cuney, TX 75766
Listing Price: $1,189,000
Investment Overview
The property consists of a 7,875-square-foot, freestanding building that sits on 3.28 acres of land. The lease features 10 percent rent increases every five years in the options. Nearby Smith County, including larger cities like Tyler, permits only beer and wine sales, with liquor sales prohibited. The subject property, located just across the county line in Cherokee County, can sell beer, wine, and liquor. This strategic location makes the property a destination retailer and allows for liquor delivery to adjacent dry areas.
Spec’s (Absolute Net Lease)
Investment Highlights
- Absolute Net Lease with 4.3 Years Remaining
- Corporate Guarantee from Spec's, the Largest Liquor Store Chain in Texas with 200+ Locations
- Prime Location in a Mostly Dry County – Minimal Competition
- Located in the Tyler–Jacksonville, TX CSA – Population: 297,426
Exclusively Listed By
Financing By
Listing Price: $1,189,000
Investment Highlights
- Absolute Net Lease with 4.3 Years Remaining
- Corporate Guarantee from Spec's, the Largest Liquor Store Chain in Texas with 200+ Locations
- Prime Location in a Mostly Dry County – Minimal Competition
- Located in the Tyler–Jacksonville, TX CSA – Population: 297,426
Investment Overview
The property consists of a 7,875-square-foot, freestanding building that sits on 3.28 acres of land. The lease features 10 percent rent increases every five years in the options. Nearby Smith County, including larger cities like Tyler, permits only beer and wine sales, with liquor sales prohibited. The subject property, located just across the county line in Cherokee County, can sell beer, wine, and liquor. This strategic location makes the property a destination retailer and allows for liquor delivery to adjacent dry areas.
Exclusively Listed By
Financing By
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