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Restaurant

Fat Dog's Beverages (Specs)

8915 US Highway 175 W, Cuney, TX 75759

Listing Price: $1,420,000

Cap Rate
7.54%
Tenant Name
Fat Dog's Beverages (Specs)
Years Remaining On Lease
6.4
Gross SF
7,958
Guarantor
Corporate Guarantee
Rentable SF
7,958
Price/Gross SF
$178.44
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.45

Investment Overview

Marcus & Millichap is pleased to present Spec’s a 7,598-square foot property located off US Highway 175 in Cuney, Texas. Cuney is approximately nine miles from downtown Jacksonville, Texas, and 25 miles south of Tyler, Texas. Jacksonville has a population of 14,544. Tyler is also the principal city of the Tyler metropolitan statistical area with a population of 209,714 in 2010. Cherokee County is located in East Texas. Rusk, the county seat, is 130 miles southeast of Dallas and 160 miles north of Houston. Cuney is a town in Cherokee County, Texas, located in the northwestern portion of the county along US Highway 175. Cuney is the only town in the county allowed to sell liquor. Cuney is located approximately 100 miles from downtown Dallas. Overall, Spec’s allows an investor the opportunity to obtain a triple-net lease with zero landlord responsibility in an area with minimal competition.

Investment Highlights

  • Strong Corporate Guarantee from Spec's Liquor
  • Located on US Highway 175
  • Strategically Located on Wet/Dry Line Outside Tyler, Texas
  • Spec's is the Largest Liquor Store Chain in Texas with 165+ Locations
  • 13+ Years Remaining on 20-Year, NNN Lease
  • Absolute Net Lease - Zero Landlord Responsibility
  • Three Miles Southeast of Lake Palestine

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Fat Dog's Beverages (Specs)

Listing Price: $1,420,000

Cap Rate
7.54%
Tenant Name
Fat Dog's Beverages (Specs)
Years Remaining On Lease
6.4
Gross SF
7,958
Guarantor
Corporate Guarantee
Rentable SF
7,958
Price/Gross SF
$178.44
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.45

Investment Highlights

  • Strong Corporate Guarantee from Spec's Liquor
  • Located on US Highway 175
  • Strategically Located on Wet/Dry Line Outside Tyler, Texas
  • Spec's is the Largest Liquor Store Chain in Texas with 165+ Locations
  • 13+ Years Remaining on 20-Year, NNN Lease
  • Absolute Net Lease - Zero Landlord Responsibility
  • Three Miles Southeast of Lake Palestine

Investment Overview

Marcus & Millichap is pleased to present Spec’s a 7,598-square foot property located off US Highway 175 in Cuney, Texas. Cuney is approximately nine miles from downtown Jacksonville, Texas, and 25 miles south of Tyler, Texas. Jacksonville has a population of 14,544. Tyler is also the principal city of the Tyler metropolitan statistical area with a population of 209,714 in 2010. Cherokee County is located in East Texas. Rusk, the county seat, is 130 miles southeast of Dallas and 160 miles north of Houston. Cuney is a town in Cherokee County, Texas, located in the northwestern portion of the county along US Highway 175. Cuney is the only town in the county allowed to sell liquor. Cuney is located approximately 100 miles from downtown Dallas. Overall, Spec’s allows an investor the opportunity to obtain a triple-net lease with zero landlord responsibility in an area with minimal competition.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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