Description

This property offers 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 available renewal options. The investment is supported 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, providing potential tax advantages subject to consultation with a tax professional. The property consists of a 2,100-square-foot convenience store with eight fueling lanes and benefits from 2% annual rent increases throughout both the primary lease term and option periods, supporting long-term income growth. Strategically located within the Longview MSA, the property offers excellent visibility and access along East Loop 281 and is positioned as an outparcel to Lowe’s Home Improvement. The site is situated within Longview’s primary retail hub alongside major national anchors including Lowe’s, Home Depot, Walmart, and Sam’s Club, generating strong consumer traffic. With approximately 33,000 vehicles passing daily along East Loop 281, a major retail and commuter corridor, the property benefits from exceptional exposure. The surrounding trade area features strong demographics, including a population of 81,355 and an average household income of $85,496 within a three-mile radius, while its location along Loop 281 provides direct connectivity to Interstate 20, downtown Longview, and major employment centers throughout the East Texas region.