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411 E Loop 281
Longview, TX 75605

Saltgrass Steak House · Retail Property For Sale

Investment Highlights

  • 15 years absolute Triple Net lease with 10% rental increase every five years ( 10 years remaining )with four of five years renewal option.
  • Excellent centralized location accessible from the E loop 281 near many national major retailers, where an average of 19,000 vehicles pass per day.
  • The lease is guaranteed by Landry's Inc. In 2020, Landry's Inc. was listed by FORBES as one of the top 100 largest private companies in America.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,808 SF
Building Class
B
Year Built/Renovated
2003/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.39 AC
Parking
82 Spaces (10 Spaces per 1,000 SF Leased)
  • Listing ID: 23491481

  • Date on Market: 6/22/2021

  • Last Updated:

  • Address: 411 E Loop 281, Longview, TX 75605

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