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Freestanding Retail Building
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402 W Loop 281, Longview, TX 75605

Freestanding retail property with strong access and visibility along West Loop 281.

Property Size30,852 SF
Lot Size2.97 Acres
Days on Market121

Property Features for 402 W Loop 281

General Information

Standard status Active
Size 30,852 SF
Lot size 2.97 Acres
Property subtype Retail

Additional Details

Traffic Count 29,400 vehicles/day

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Ben Snyder · License #OH# 2018002569
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:09AM

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 Matthews

Investment Insights

Based on property information with market context.

This freestanding retail building is occupied by Ollie’s Bargain Outlet and offers a total of 30,852 square feet on 2.97 acres. The net lease commenced in April 2020 with a 10-year initial term and three five-year renewal options.

The property has excellent access and visibility along West Loop 281 (29,400 VPD). It is positioned directly next door to the Longview Mall, which includes more than 50 stores and is anchored by Dillard’s, JCPenney, Dick’s Sporting Goods, L’Patricia, and Stage.

The site is located within Longview’s retail district and benefits from nearby major retailers including Walmart, Target, Sam’s Club, Lowe’s, Home Depot, Kohl’s, Albertsons, Kroger, Aldi, and TJ Maxx, among others.

Key Highlights

  • 30,852 SF freestanding Ollie’s Bargain Outlet on 2.97 acres in Longview, TX
  • Ollie’s net lease commenced in April 2020 with 10 years primary term plus three 5‑year renewal options
  • Excellent access and visibility along West Loop 281 with 29,400 VPD

Property Analytics

Current Use

Ollie's Bargain Outlet Carpet & Flooring Store

Suggested Use

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

Lease Details

29,400 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

946
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?
Retail space - Freestanding retail property with strong access and visibility along West Loop 281.
Where is this retail space located?
The property is located at 402 W Loop 281 Longview, TX.
What are key features of this property?
This property features: 30,852 SF freestanding Ollie’s Bargain Outlet on 2.97 acres in Longview, TX; Ollie’s net lease commenced in April 2020 with 10 years primary term plus three 5‑year renewal options; Excellent access and visibility along West Loop 281 with 29,400 VPD
More about this property
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