3052 Eastman RdLongview, TX 75605

This exceptional 16,250 square foot shopping center, situated on a 2.01-acre lot at 3052 N. Eastman Rd., Longview, TX 75605, presents a compelling investment opportunity. Built in 2009, this single-story, one-building property currently boasts 93% occupancy with seven units leased to a mix of established local and national tenants under long-term NNN (triple-net) leases. The current Net Operating Income (NOI) stands at $237,700, yielding a 6.79% cap rate. A significant upside potential exists with a pro-forma NOI of $306,743 and a pro-forma cap rate of 8.76%, achievable upon full occupancy of the currently vacant 1,100 square foot unit. All leases include built-in rent escalations, ensuring consistent income growth. The property is zoned for commercial use and offers a stable income stream from reputable tenants with a proven track record, making it an attractive investment for those seeking a strong return and long-term growth. This well-maintained property in Gregg County provides a solid foundation for a secure and profitable investment. The property's location in Longview, Texas, offers excellent visibility and accessibility.