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Absolute NNN Restaurant Pad
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3084 N Eastman Rd, Longview, TX 75605

Hook & Reel restaurant on a pad site with a new absolute NNN lease and zero landlord obligations.

Property SizeContact for details
Days on Market119

Property Features for 3084 N Eastman Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Jeff Gates · License #CA 01768554
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 9:27PM

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.

The property is a Hook & Reel restaurant located on a pad site within a shopping center. The offering includes a brand new absolute NNN lease, with zero landlord obligations stated in the lease terms. Rent structure includes 10% increases every five years, with three additional five-year periods described. The lease also specifies personal guarantee terms, with an operator guarantee expiring in 2025 and transitioning to a 12-month rolling personal guarantee.

The site is positioned on a major commercial thoroughfare, designed for visibility and straightforward customer access. The surrounding shopping center includes national tenants such as Target, Kohl’s, Old Navy, PetSmart, and Ulta.

This is a single-tenant NNN retail asset configured for a restaurant operator, presented with the noted lease and guarantee provisions.

Key Highlights

  • Hook & Reel restaurant on a pad site in a shopping center in Longview, Texas
  • Brand new absolute NNN lease with zero landlord obligations
  • Lease rent includes 10% increases every 5 years (three 5‑year intervals)

Property Analytics

Current Use

Sushi Shima Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Electrical Service Building Supply Law Firm

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

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
NNN property - Hook & Reel restaurant on a pad site with a new absolute NNN lease and zero landlord obligations.
Where is this nnn property located?
The property is located at 3084 N Eastman Rd Longview, TX.
What are key features of this property?
This property features: Hook & Reel restaurant on a pad site in a shopping center in Longview, Texas; Brand new absolute NNN lease with zero landlord obligations; Lease rent includes 10% increases every 5 years (three 5‑year intervals)
(925) 348-1844 Call to check price and availability
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