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1703 Whaley St Longview, TX 75601

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For Sale
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High-yield multi-tenant industrial investment in Longview, TX.

Property size:
18,000 SF

Property Features for 1703 Whaley St

General Information

Property type
Distribution properties
Square Feet
18,000 SF
Class
B

Building Details

Buildings
3
Stories
1
Units
3

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Listing Contact
Brian Burks
Brian Burks

Listing Agency: Landbridge Commercial Properties Listing Agent: Brian Burks

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

East Texas Fuel ... Auto Repair Shop All State Fastener ... Building Supply

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Longview
County
Gregg
State
Texas
Longitude
-94.7130443
Latitude
32.5010108

FAQs

What type of property is this?
Distribution property - High-yield multi-tenant industrial investment in Longview, TX.
Where is this distribution property located?
The property is located at 1703 Whaley St Longview, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three-building industrial portfolio totaling 18,000 square feet in Longview, TX.; Class B property built circa 1979, featuring flex, manufacturing, and warehouse space.; Currently occupied by two tenants under a triple-net (NNN) lease; asking price $1,250,000 ($69.44/SF, 7.64% cap rate).
(903) 561-9527 Call to check price and availability
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