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Retail Building at Regional Mall
For Sale
$500,000

3520 McCann Rd, Longview, TX 75605

Fee simple retail building with an in-place women’s wear anchor and available space for lease.

Property Size40,524 SF
Lot Size3.10 Acres
Price / SF$12.34
Days on Market37

Property Features for 3520 McCann Rd

General Information

Standard status Active
Size 40,524 SF
Lot size 3.10 Acres
Property subtype Shopping Neighborhood
Occupancy 81%

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Auction - August 17-19, 2026 | Starting Bid: $500,000
81% occupied, below market rent
6.58 Weighted Average Lease Term (WALT)
Attached to the Longview Mall (630,000 SF, low vacancy)
Neighboring Anchors include: HomeGoods, Dillard's, JCPenney, Dick's Sporting Goods, H&M, Conn's

Building Details

Building Size 40,524 SF
Year Built 1976
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Ian Grusd, CCIM, SIOR · License #License(s): NJ: 9233895
Source: Marcusmillichap
Added: Jul 3 Changed: Aug 8 Last Checked: Aug 8 at 2:41AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

Fee simple retail building totaling 40,524 square feet situated on 3.1 acres at Longview Mall. The property is currently 81% occupied, featuring a women’s apparel anchor tenant identified as L ’Patricia, who has been in place since 2012 and is noted with 6.5 years WALT. The offering includes an immediate 7,511 square feet available to be leased, supported by stable tenancy that is described as having below-market rents.

The building is contiguous to a 630,000 SF regional mall and benefits from shared parking, with 208 parking spaces identified for the mall. Longview Mall has undergone extensive renovations, with more than $20 million invested in upgrades for anchor tenants including HomeGoods, Dillard’s, JCPenney, Dick’s Sporting Goods, H&M and Conn’s. The property is positioned along the U.S. Interstate 20 and U.S. Highway 80 corridors.

For retail operators and investors seeking an established neighborhood of tenants, this asset offers an existing anchor footprint and a defined portion of space currently available to lease within the mall environment. The current occupancy, stated tenant stability, and on-site leasable area can support strategies where an operator is looking to place new retail in a center that has recently reinvested in its anchor mix.

Key Highlights

  • Fee simple 40,524 SF retail building on 3.1 acres at the Longview Mall (year built 1976).
  • Currently 81% occupied with 6.5 years WALT; anchor tenant L ’Patricia has been in place since 2012.
  • Additional 7,511 SF available to lease.

Property Analytics

Current Use

L'Patricia Clothing & Fashion Store ProComp Sport Martial ... Training Center D-BAT Longview Arcade & Gaming Center

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

81%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

906
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fee simple retail building with an in-place women’s wear anchor and available space for lease.
Where is this shopping center located?
The property is located at 3520 McCann Rd Longview, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Fee simple 40,524 SF retail building on 3.1 acres at the Longview Mall (year built 1976).; Currently 81% occupied with 6.5 years WALT; anchor tenant L ’Patricia has been in place since 2012.; Additional 7,511 SF available to lease.
More about this property
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