Single-Tenant Retail Tractor
For Sale
Contact for pricing
Pending
1011 Wal Street Suite 300, Longview, TX 75605
Absolute NNN Tractor Supply Co. property with corporate guarantee and a recently extended term through April 2028.
Property SizeContact for details
Days on Market149
Property Features for 1011 Wal Street Suite 300
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
33,400 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Apr 10
Changed: Aug 16
Last Checked: Aug 29 at 4:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee simple interest (land and building) in an absolute NNN leased Tractor Supply Co. investment property. Tractor Supply Co. of Texas, L.P. recently extended its initial term through April 2028, with a 5% rental increase in 2023. The lease is corporate guaranteed and described as absolute NNN with zero landlord responsibilities.
The site is located near a signalized hard-corner intersection of E. Hawkins Parkway and US Highway 259, with combined traffic of 33,400 vehicles passing by each day. It is also positioned about half a mile north of the on/off-ramp to State Highway 281 (24,500 VPD). The surrounding retail corridor includes nearby retailers such as Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, The Home Depot, Target, PetSmart, Kohl’s, and Regal Cinemas.
The property is about 1.5 miles northeast of Longview Mall and its 638,000 SF of retail space, which is anchored by Dillard’s, Sears, JCPenney, and Stage Stores. The 5-mile trade area is supported by a population of nearly 75,000 with an average household income of $70,600.
The site is located near a signalized hard-corner intersection of E. Hawkins Parkway and US Highway 259, with combined traffic of 33,400 vehicles passing by each day. It is also positioned about half a mile north of the on/off-ramp to State Highway 281 (24,500 VPD). The surrounding retail corridor includes nearby retailers such as Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, The Home Depot, Target, PetSmart, Kohl’s, and Regal Cinemas.
The property is about 1.5 miles northeast of Longview Mall and its 638,000 SF of retail space, which is anchored by Dillard’s, Sears, JCPenney, and Stage Stores. The 5-mile trade area is supported by a population of nearly 75,000 with an average household income of $70,600.
Key Highlights
- Absolute NNN Tractor Supply Co. fee simple investment with corporate guarantee and zero landlord responsibilities
- Tenant Tractor Supply Co. of Texas, L.P. extended the initial term through April 2028 with a 5% rental increase in 2023
- Lease includes 4 (5‑year) options remaining: 6.8% increase in the first option and 4% increases at the start of each following option
Property Analytics
Current Use
Lease Details
33,400 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
Demographics for 75605, TX
32,909
Population
16,425
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
80.3 sq mi
ZIP Area
410
Density / Sq Mi
$75,665
Median Household Income
$48,040
Median Earnings
$1,186
Median Rent
$238,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN Tractor Supply Co. property with corporate guarantee and a recently extended term through April 2028.
Where is this nnn property located?
The property is located at 1011 Wal Street Suite 300 Longview, TX.
What are key features of this property?
This property features: Absolute NNN Tractor Supply Co. fee simple investment with corporate guarantee and zero landlord responsibilities; Tenant Tractor Supply Co. of Texas, L.P. extended the initial term through April 2028 with a 5% rental increase in 2023; Lease includes 4 (5‑year) options remaining: 6.8% increase in the first option and 4% increases at the start of each following option
