Speedfast - Net Lease Property for Sale
Longview, TX
Key Investment Metrics
Price
$5,266,665
Cap Rate
7.5%
Net Operating Income
$395,000
Building Size
2617 SF
Lot Size
2,617 SF
Land Area
0.47 Acres
Remaining Term
19.7 years
Lease Expiration
03/31/2046
Lease Term
20 years
Lease Commencement
04/01/2026
Lease Type
Absolute NNN
Year Built
1982
Tenancy
Single
Rent Increases
2% Annually
About This Speedfast Net Lease Property
This Speedfast NNN (triple net lease) property is located in Longview, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 2617 square feet of building space and was built in 1982.
With a cap rate of 7.5%, this Speedfast net lease property offers stable income potential. The asking price is $5,266,665, making it an attractive option for 1031 exchange investors seeking quality Speedfast commercial properties.
Why Invest in Speedfast NNN Properties?
- Stable Income: Speedfast net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Speedfast is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Longview, TX Market Overview
Located in Longview, TX, this Speedfast property benefits from strong local demographics and market fundamentals. The Longview area offers excellent visibility and accessibility, making it an ideal location for Speedfast operations and a solid investment for net lease property buyers.