Super 1 Foods - Longview, TX

1800 South High Street
Longview, TX 75602

Overview

JLL Capital Markets, Net Lease is pleased to present the rare opportunity to acquire a single-tenant, free standing, absolute triple net (“NNN”) Super 1 Foods (the “Property”), located in Longview, Texas. The Property has had a long and extremely successful operating history with a tenure of 51 years and strong sales north of $350 PSF. Super 1 Foods has 4 years of term remaining and no remaining options, providing significant future upside. The proven market dominance, the established operating history and the future upside opportunity provides a unique opportunity to acquire a dominant single-tenant grocery with limited landlord responsibility at an attractive risk-adjusted yield.

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General
Property Type Retail
Property Address 1800 South High Street
Longview, TX 75602
Land In Acres 2.68
Building Size 32,590 Square Feet
Primary Use Supermarket
Tenancy Single-Tenant
Financial
Price $1,497,695
Price PSF $45.96
Cap Rate 7.40%
Current NOI $110,829
Lease
Remaining Term Confidential