Single-Tenant NNN Convenience
For Sale
Contact for pricing
427 East Loop 281, Longview, TX 75605
2,100 SF convenience store with 8 fueling lanes on a 20-year absolute NNN lease.
Property Size2,100 SF
Price / SF$2,594
Days on Market129
Property Features for 427 East Loop 281
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$395,000
Site & Location
Traffic Count
33,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1990
Tenancy
Single
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: Apr 30
Changed: Sep 4
Last Checked: Sep 2 at 5:58PM
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
Current Use
Lease Details
33,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
344
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?
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 $5,448,276.
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.
