Listed by Trinity Real Estate Investment Services
$5,266,665
United Lone Enterprises
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,617
Cap Rate 7.50%
NOI $395,000
Tenancy Single
Brand/Tenant 7-Eleven, Circle K
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 03/31/2046
Remaining Term 19.7
Rent Bumps Yes
Lease Options Four (4), 5-Year; 2% Annually
Price per SqFt $2,012
Class B
Year Built 1982
Year Renovated 2025
Acreage 0.470
Investment Type Net Lease
Lease Commencement 04/01/2026
Ground Lease No
Ownership Fee Simple
Retail | 7.50% CAP | 2,617 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a United Lone Enterprises in Longview, TX. The subject property is a long term absolute NNN lease with annual increases. It is located on major thoroughfare in Longview with over 78,000 residents within 5 miles.
Property Website: https://trinityreis.com/listing/2851-n-eastman-rd/
Investment highlights
- United Lone Enterprises Backed C-Store in Longview, TX
- Long Term Absolute NNN Lease With Annual Increases
- 19 Years Remaining With 2% Annual Rental Increases
- Situated on Corner Lot That Features Over 35,000 VPD
- Located on Major Thoroughfare in Longview, TX With Over 78,000 Residents Within 5-Miles of Subject Property
- Fee Simple Ownership Qualifying for Bonus Depreciation
- Longview is County Seat of Gregg County and Regional Hub in East Texas
Listing Contacts
Listed by Trinity Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$395,000.00
$32,916.67/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Map
Zoning
GR CommercialRetail CommercialGeneral Retail
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View all 182 uses Last updated Jan 14, 2026 For deeper zoning details, reports are available at Zoneomics
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