Single-Tenant NNN Convenience
427 East Loop 281 Longview, TX 75605
427 East Loop 281, Longview, TX, 75605
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For Sale
Contact for pricing
2,100 SF convenience store with 8 fueling lanes on a 20-year absolute NNN lease.
Property Size2,100 SF
Price / SF$2,786
Days on Market84
Property Features for 427 East Loop 281
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing agency
Anchor Point Capital
Listed by
Eric Vu · License #01913407
Source
Crexi
Added: Apr 30 Updated: Jul 21 at 6:12PM Checked: Jul 21 at 6:12PM
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 Anchor Point Capital
Investment Insights
Based on property information with market context.
This single-tenant convenience store is offered for sale on a new 20-year absolute NNN lease, with an estimated 40 years of potential remaining lease term. The property is fee simple, with land and building ownership, and includes a strong lease guaranty. Rent increases are structured at 2% annually during the primary term and option periods. The site features 8 fueling lanes and approximately 2,100 square feet of convenience store space.
The property is positioned for strong visibility and access along East Loop 281 in Longview. It serves as an outparcel to Lowe’s Home Improvement and is located within a primary retail center environment with nearby national anchors including Home Depot, Walmart, and Sam’s Club. The frontage is described as approximately 33,000 cars per day along East Loop 281, a primary retail and commuter corridor. The listing also notes that the purchase may qualify for bonus depreciation; buyers should consult their tax professional.
The property is positioned for strong visibility and access along East Loop 281 in Longview. It serves as an outparcel to Lowe’s Home Improvement and is located within a primary retail center environment with nearby national anchors including Home Depot, Walmart, and Sam’s Club. The frontage is described as approximately 33,000 cars per day along East Loop 281, a primary retail and commuter corridor. The listing also notes that the purchase may qualify for bonus depreciation; buyers should consult their tax professional.
Key Highlights
- 2,100 SF convenience store built in 1990 with 8 fueling lanes.
- New 20‑year absolute NNN lease with a strong lease guaranty (contact broker for details).
- 2% annual rent increases in the primary term and option periods.
Property Analytics
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - 2,100 SF convenience store with 8 fueling lanes on a 20-year absolute NNN lease.
Where is this gas station located?
The property is located at 427 East Loop 281 Longview, TX.
What is the asking price?
The asking price for this property is $5,851,852.
What are key features of this property?
This property features: 2,100 SF convenience store built in 1990 with 8 fueling lanes.; New 20‑year absolute NNN lease with a strong lease guaranty (contact broker for details).; 2% annual rent increases in the primary term and option periods.
