Description

This property presents an exceptional single-tenant investment opportunity featuring a new 20-year absolute NNN lease with up to 40 years of potential lease term remaining through renewal options. The investment is backed by a strong lease guaranty, with additional details available through the broker, and includes fee simple ownership of both the land and building. The asset may also qualify for bonus depreciation, offering potential tax benefits subject to consultation with a tax professional. The property consists of a 4,198-square-foot convenience store featuring 10 fueling lanes and a drive-thru car wash, along with 2% annual rent increases throughout both the primary term and option periods, supporting long-term income growth. Strategically located within the Longview MSA, the site benefits from excellent visibility and access along Henderson Boulevard at a signalized hard-corner intersection experiencing approximately 14,900 vehicles per day. Positioned along US-259, the property serves as a well-known corner location within the local market while also capturing regional through-traffic. The site is situated along a key daily “errand route” corridor between residential neighborhoods, local schools, and industrial and service-sector employment areas, generating consistent customer demand. Additionally, the property lies along an important connector route serving Kilgore and surrounding East Texas communities, with direct access to Interstate 20 and major regional employment hubs.