Property summary
This exceptional 16,420-square-foot medical office building in Longview, Texas, presents a compelling investment opportunity. Located at 100 W Hawkins Pkwy, this single-story, Class B property boasts a prime location within a thriving medical hub in East Texas. The building, constructed in 1981 and extensively renovated in 2023, is currently 100% occupied by four strong tenants: Heart to Heart Hospice, Elara Caring, Oceans Healthcare, and Guaranty Bank. These long-term tenants benefit from mission-critical locations, making the property highly resistant to economic downturns. The Net Lease (NNN) structure minimizes landlord responsibilities, while built-in rent bumps ensure consistent income growth. With an 8.20% cap rate and a strong NOI of $221,533, this property offers a significant return on investment. The 2.67-acre lot provides ample space, and the high-visibility corner location ensures excellent exposure. The property's proximity to multiple hospital systems, new residential developments, shops, and restaurants further enhances its value. Priced at $2,700,000 ($164.43/sq ft), this offering represents a below-replacement-cost opportunity in a densely populated, rapidly growing area. The five units are spread across one building.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Crisis Center Medical Clinic
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Medical Clinic
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Medical Clinic
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Nursing Home
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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