1703 Whaley St Longview, TX 75601

This exceptional investment opportunity presents a portfolio of three industrial buildings totaling 18,000 square feet situated on East Whaley Street in Longview, Texas. The property, built circa 1979, is classified as Class B and features a mix of flex, manufacturing, and warehouse space, currently occupied by two tenants under a triple-net (NNN) lease structure. The asking price is $1,250,000, translating to a price per square foot of $69.44 and a compelling cap rate of 7.64%. Each of the three buildings is single-story, offering a total of three units. The individual unit price is $416,666.67. The property boasts a concrete slab-on-grade foundation, metal exterior walls, and a metal roof. Extensive concrete yard space is enclosed by fencing, providing ample storage and maneuverability. The property benefits from significant street frontage on East Whaley and enjoys high traffic volume, with 2022 records indicating 1,063 vehicles per day. The property is zoned for industrial use and has a triple-net expense of $1.31 per square foot. This is a rare opportunity to acquire a well-located, multi-tenant industrial portfolio with strong cash flow potential in a growing Texas market. The property's solid construction, desirable location, and current tenancy make it an attractive investment for both seasoned and emerging investors seeking stable returns.