For Sale
$1,975,000

3032 Eastman RdLongview, TX 75605

High-yield medical office in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2016-constructed medical office building, located at 3032 N Eastman Rd, Longview, Texas 75605, presents a compelling investment opportunity. Boasting a strong 8.33% capitalization rate and a net operating income (NOI) of $164,531, this property offers significant financial returns. The asking price is $1,975,000. Currently occupied by two tenants (details available upon request), the building benefits from excellent visibility and ample parking. Situated in a rapidly growing area along Highway 259, near developing retail centers, this location ensures high traffic and strong tenant demand. The property's strategic placement within Gregg County, Texas, provides easy access to a substantial patient base. This is an ideal investment for those seeking a stable, high-performing asset in a thriving market. The building's modern construction and desirable location combine to create a truly exceptional investment opportunity. Further details regarding the tenants and financial proforma are available upon request. Don't miss this chance to acquire a high-yield medical office building in a prime Longview location.

Highlights

  • $1,975,000 asking price.
  • 8.33% cap rate.
  • $164,531 Net Operating Income (NOI).
  • 2016-built medical office building in Longview, TX.
  • Located at 3032 N Eastman Rd, Longview, TX 75605.
  • Two tenants in place.

Property Details for 3032 Eastman Rd

Property type
Office properties, Medical offices

Location Insight

City
Longview
County
Gregg
State
Texas
Latitude
32.5419817
Longitude
-94.7245242
3032 Eastman Rd, Longview, Texas

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3032 Eastman Rd
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