3110 Gilmer Rd - Office FOR SALE


Longview, TX 75604
$425,000 USD
3110 Gilmer Rd, Longview, TX for Sale
$425,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

3110 Gilmer Rd
Longview, TX 75604


HIGHLIGHTS

  • HEAVY TRAFFIC AREA
  • LONG TERM TENANTS
  • EXCELLENT INVESTMENT OPPORTUNITY

OVERVIEW

EXCELLENT INVESTMENT OPPORTUNITY . OFFICE BUILDING IN NORTH LONGVIEW IN GREAT LOCATION. 1ST TIME FOR SALE IN ALMOST 25 YEARS. 2 LONG TERM TENANTS FOR OVER 20 YEARS. 1500 SQ FT MEDICAL OFFICE ON ONE SIDE WITH 5 EXAM ROOMS, OFFICE AND RECEPTION AREA. ADDITIONAL 2000 SQ FT ADJACENT WITH 5 OFFICES, RECEPTION / WAITING AREA AND KITCHEN / BREAKROOM. SMALLER SIDE LEASE EXPIRES IN AUGUST 2027 AND LARGER SIDE IS NOW MONTH TO MONTH BUT WILL SIGN NEW LEASE WITH NEW OWNER. PARKING LOT RESURFACED IN 2018, NEW ROOF IN 2020, NEW A/C UNITS IN 2025. APPOINTMENT ONLY CALL FOR ADDITIONAL DETAILS.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3110 GILMER RD

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

COMMERCIAL

APN/PARCEL ID

25575

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Mark ColemanTexas Farms and RanchesMore Info

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Mark ColemanTexas Farms and RanchesMore Info

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