119 S Longview St
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119 S Longview St
10,150 SF 100% Leased Retail Building Kilgore, TX 75662 $1,040,000 ($102/SF) 9% Cap Rate
Investment Highlights
- Heavy day time foot traffic
- Recently Renovated
- Across popular historic downtown district
- Fully leased with 4 tenants
Executive Summary
Prime investment opportunity in a bustling historic downtown district boasting heavy daytime foot traffic. This recently renovated property features full occupancy with four tenants, ensuring consistent income. Ample parking includes a dedicated lot and street spaces, enhancing accessibility and tenant satisfaction. Don't miss out on this turnkey investment in a sought-after location.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,150 SF
Building Class
C
Year Built
1938
Price
$1,040,000
Price Per SF
$102
Cap Rate
9%
NOI
$93,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.83
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
39 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
240 FT on 119 Longview St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $301,150 | |
| Land Assessment | $15,050 | Total Assessment | $316,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$15,050
Improvements Assessment
$301,150
Total Assessment
$316,200
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119 S Longview St
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