For Sale
$1,040,000

119 Longview St Kilgore, TX 75662

High-yield retail center, fully occupied.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 10,150 square foot retail property, located at 119 S Longview St, Kilgore, TX 75662, presents a compelling investment opportunity. The single-story building is currently fully occupied by four tenants, generating a strong and consistent income stream. Priced at $1,040,000, this translates to a desirable price per square foot of $102.46 and a 9.00% capitalization rate. Situated in Gregg County's bustling historic downtown, the property benefits from significant daytime foot traffic, ensuring high visibility and accessibility for tenants. Ample parking is available, including a dedicated lot and convenient street parking, further enhancing the property's appeal. Recent renovations ensure the building is in excellent condition, making this a truly turnkey investment. This property offers a rare opportunity to acquire a stable, high-performing retail center in a desirable location with a proven track record of success. The property's strong tenant base and prime location make it an ideal addition to any investment portfolio. Don't miss this chance to secure a profitable and low-maintenance investment in a thriving Texas market.

Highlights

  • 10,150 SF retail building at 119 S Longview St, Kilgore, TX 75622.
  • Fully occupied by four tenants, generating strong income.
  • Priced at $1,040,000, offering a $102.46/SF price and a 9.00% cap rate.
  • Located in Kilgore's historic downtown with high foot traffic and ample parking.
  • Recently renovated and in excellent condition.

Property Details for 119 Longview St

Property type
Lifestyle centers, Power centers
Square Feet
10,150 SF
Stories
1

Location Insight

City
Kilgore
County
Gregg
State
Texas
Latitude
32.38765084
Longitude
-94.87662297

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, fully occupied.
Where is the lifestyle center located?
The property is located at 119 Longview St Kilgore, TX.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: 10,150 SF retail building at 119 S Longview St, Kilgore, TX 75622.; Fully occupied by four tenants, generating strong income.; Priced at $1,040,000, offering a $102.46/SF price and a 9.00% cap rate.
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119 Longview St
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