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5031 Estes Pkwy
Longview, TX 75603
Tiger Express 18 Years 8.11% Cap Rate · Retail Property For Sale
PROPERTY FACTS
ABOUT 5031 ESTES PKWY , LONGVIEW, TX 75603
Accelerated Depreciation - An owner will have the opportunity to shelter income taxes through utilizing a 15 year accelerated depreciation schedule (*please verify with CPA*) Rental Escalations - Rent increases 5% every 5 years and provides a hedge against inflation throughout the lease term Great Visibility & Access - Property sits right off of Estes Pkwy Small Price Point - This offering is just $1,110,000 Ideal Convenience Store Format - This location has 4 fueling stations and 8 pumps, sits on 0.97 acres, and has a 3,471 SF convenience store Attractive Property - Property was constructed in 2012 and is branded as Valero, a well-recognized national fueling company Make More Than Original Investment - This lease will generate over $1,700,000 in lease payments over the remainder of the lease term (almost $600,000 over the initial asking price!)
PROPERTY TAXES
| Parcel Number | 28776 | Improvements Assessment | $443,220 |
| Land Assessment | $63,380 | Total Assessment | $506,600 |
PROPERTY TAXES
