NNN Automotive
For Sale
Contact for pricing
1231 W Loop 281, Longview, TX 75605
Occupied automotive service property supported by a long-term NNN lease with renewal options and scheduled escalations.
Property Size6,416 SF
Days on Market143
Property Features for 1231 W Loop 281
General Information
Standard status
Active
Size
6,416 SF
Property subtype
Retail
Additional Details
Asking Price
$2,500,000
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Chicago
(404) 504-7893
Listed By:
Maury Vanden Eykel · License #IL
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:07AM
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 CBRE - Chicago
Investment Insights
Based on property information with market context.
The property is a 6,416-square-foot Mavis Tires & Brakes automotive service location at 1231 West Loop 281 in Longview, Texas. The offering is structured as a long-term sale-leaseback with a NNN lease and no landlord responsibilities.
Mavis Southwest LLC will enter into a 20-year lease with six 5-year renewal options. Base rent is scheduled to increase by 5% every five years, with the same 5% escalation applying when each renewal option begins. The property is located at 1231 West Loop 281, Longview, TX 75605.
Mavis Southwest LLC will enter into a 20-year lease with six 5-year renewal options. Base rent is scheduled to increase by 5% every five years, with the same 5% escalation applying when each renewal option begins. The property is located at 1231 West Loop 281, Longview, TX 75605.
Key Highlights
- 6,416‑square‑foot Mavis Tires & Brakes automotive service property
- 20‑year NNN lease to Mavis Southwest LLC
- Six 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
560
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Occupied automotive service property supported by a long-term NNN lease with renewal options and scheduled escalations.
Where is this nnn property located?
The property is located at 1231 W Loop 281 Longview, TX.
What are key features of this property?
This property features: 6,416‑square‑foot Mavis Tires & Brakes automotive service property; 20‑year NNN lease to Mavis Southwest LLC; Six 5‑year renewal options
