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3507 Mccann Rd Longview, TX 75601

For Sale
$2,470,000

Fully occupied retail center anchored by Golden Chick.

Property size:
7,162 SF
Lot size:
1.55 Acres

Property Features for 3507 Mccann Rd

General Information

Size
7,162 SF
Lot size
1.55 Acres

Source: STRIVE Agent Andrew Williams

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Longview Retail Center For Sale

This 7,162 square foot retail center is 100% occupied and located in Longview, Texas. It is anchored by Golden Chick, which features a drive-thru and has been operating at the site for over 12 years. The property is located directly across the street from Longview Mall, a regionally dominant shopping center within a 42-mile radius. The tenant mix is stable and diversified, with existing tenants on triple net leases featuring staggered lease expirations. Long Island Nail Salon recently signed a new 10-year lease with 3.0% annual escalations. Golden Chick and One Stop Vape have 2.5% annual escalations. The weighted average lease term remaining is 7.8 years. The property is surrounded by national retailers, including Academy, Albertsons, Starbucks, Burger King, Best Buy, 7-Brew, Books a Million, TJ Maxx, Petco, Dicks Sporting Goods, and Dillard’s.
Insight Report Location Intelligence

Current Use by Public Records

Island Nail Lounge ... Nail Salon ONE STOP SHOP-McCann Vaporizer Store Golden Chick Fast Food Restaurant Madhatter Smoke & Vape Vaporizer Store Advantage Resourcing Employment Agency

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Longview Mall, Coinstar Kiosk - Bitcoin ATM, Sunglass Hut, Oak Forest Plaza, Paramount Jewelers

Location Insight

  • Map
  • Local Demand
City
Longview
County
Gregg
State
Texas
Longitude
-94.7548374
Latitude
32.5391014

FAQs

What type of property is this?
Shopping center - Fully occupied retail center anchored by Golden Chick.
Where is this shopping center located?
The property is located at 3507 Mccann Rd Longview, TX.
What is the asking price?
The asking price for this property is $2,470,000.
What are key features of this property?
This property features: - 100% Occupied Retail Center Anchored by Golden Chick with Drive-Thru and 12+ Year Operating History.; - Located Directly Across from Longview Mall, the Regionally Dominant Shopping Center.; - Stable & Diversified Tenant Mix with Triple Net Leases and Staggered Expirations.
More about this property
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