2407 Judson Road Retail
  • Asking Price
    $1.8MAsking Price
  • Cap Rate
    6.50%Cap Rate
  • Price/SF
    $866.19Price/SF
  • Gross Leasable Area
    2,100 SFGross Leasable Area
  • Traffic Count
    20876Traffic Count
  • NOI
    $118KNOI

Description

2407 Judson Rd is a KFC retail investment at 2407 Judson Road in Longview, TX. The 2,100 SF property is fully occupied under an absolute NNN lease, giving investors an established restaurant tenancy and a defined income stream.

Built in 2019, the restaurant occupies a 0.74-acre site with 35 parking spaces. KFC operates the location through KBP Brands, and approximately 14 years remain on the initial lease term. The tenant is responsible for maintenance and expenses, including the roof and structure, placing those obligations outside the landlord’s day-to-day role. Two successive five-year renewal options extend the lease structure beyond the initial term. For a buyer focused on the real estate rather than restaurant operations, those provisions are central to the investment.

The Property sits near the signalized Judson Road and Loop 281 intersection, between Longview Marketplace and North Loop Plaza. Those retail centers account for more than 900,000 combined square feet, while Judson Road carries 20,876 AADT. North Loop Plaza is 0.1 miles away, and Longview Mall is 0.5 miles away by car. This concentration of retail gives the restaurant a place within an established shopping node, with nearby destinations drawing visits for more than a single purpose.

The asking price is $1,819,000, or $866.19 PSF, with a 6.50% cap rate and $118,235 in-place NOI. At 100% occupancy, the investment presents current income rather than a lease-up proposition. Fee Simple ownership gives the buyer title to the real estate, while the absolute NNN lease defines the division of property responsibilities during the tenancy. Review the Offering Materials for a closer look at the Property and its lease.

Offering Summary

  • Asking Price
    $1,819,000
  • Price PSF
    $866.19
  • Price/Acre
    $2,458,108.11
  • Property Type
    Retail
  • Size
    2,100 SF
  • Available
    2,100 SF
  • Occupancy
    100%
  • Properties
    1
  • Built
    2019
  • Parking
    35
  • Total Acres
    ~0.74 ac

Sale Details

  • Cap Rate
    6.50%
  • NOI
    $118,235
  • In-Place Cap Rate
    6.50%
  • In-Place NOI
    $118,235
  • GRM
    15.38
  • In-Place Rents
    118,235

Documents

Property Address

2407 Judson Road
Longview, TX 75605

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2019
  • Parking Ratio
    16.67 / 1,000
  • Total Parking
    35
  • Lease Type
    NNN
  • Ownership Interest
    Fee Simple
  • Gross Leasable Area
    2,100 SF
  • Traffic Count
    20,876 AADT
  • Acres
    0.74

Deal Team

Rachel Kram profile image

Rachel Kram

Partner
CP Partners