Tall Pines Center

Price: $2,900,000
Sq. Ft.: 15,570
Cap Rate: 6.27%
Built: 1996

Tall Pines Center is a 15,570-square-foot, multi-tenant shopping center that is located in a dense retail corridor in Longview, Texas. The center is 100 percent occupied, and 100 percent of the gross leasable area has triple-net leases. The tenant base is a complementary mix of internet-resistant, service-oriented businesses, including the Dress Co, Tuxedo Store, Painting with a Twist, God’s Money Gold and Silver, Upscale Nails,  Brains, Straight Line Studios, Derby Barber Shop, and Jennifer Frame. Constructed in 1996, the building is situated on a 1.39-acre lot with ample parking and benefits from multiple ingress and egress points.

This subject property is located on Judson Road with 20,805 vehicles per day and excellent visibility off of East Loop 281 with 39,298 vehicles per day. Tall Pines Center is in a desirable demographic area with a population exceeding 82,720 residents within a five-mile radius, and an average household income of $66,434 within a five-mile radius. The subject property is situated next to the Longview Mall, across the street from a Dollar General, and just down the road from numerous national and regional tenants including Walmart Supercenter, Target, Home Depot, Lowe’s, Albertson’s, and many more.

  • 15,570-Square-Foot, Multi-Tenant Retail Center
  • Fully Stabilized Asset | 100% Occupied with Triple-Net Leases
  • Priced Below Cost of Replacement
  • Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses and Retailers
  • Easily Accessible From Multiple Ingress and Egress Points | Large Signage on Tall Pines Avenue and Judson Road Providing Exceptional Exposure to the Center
  • Traffic Counts in Front of the Property Exceed 20,805 Vehicles per Day
  • Surrounding Area has Desirable Demographics | Average Household Income within a 5-Mile Radius is $66,434 | Total Population within a 5-Mile Radius is 82,720
  • Located in a Dense Retail Corridor | Down the Street from Numerous National and Regional Tenants including Walmart Supercenter, Target, Home Depot, Lowe’s, Albertson’s, and many more
  • Neighboring Longview Mall is a Top Ten Performing Mall in Texas
  • The Villas at Judson Road by Conaway Homes to the South will offer 59 Single-Family Homes for Rent with Two Adjacent Retail Lots
  • East Texas Fuels Developing 5,800 Square-Foot Gas Station and C-Store Directly Behind the Site