3515 Mccann Rd - Restaurant FOR SALE


Longview, TX 75605
$3,500,000 USD
903-500-8492
3515 Mccann Rd, Longview, TX for Sale
$3,500,000 USD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

3515 Mccann Rd
Longview, TX 75605


HIGHLIGHTS

  • Legacy site location - First time available in 43 years!!
  • Located on major N/S artery connecting dense rooftop areas
  • More retail dollars spent in this area than any other part of the Market.
  • High traffic area with superb visibility.

OVERVIEW

Located at 3515 McCann Road, Longview, TX, this former Red Lobster restaurant is available for sale for the first time in 43 years. Positioned on a 1.27-acre lot, this 6,005-square-foot second-generation restaurant space offers a prime location on a signalized hard corner. The property is uniquely placed in Longview's densest retail area, benefiting from high visibility and substantial traffic counts. McCann Road sees approximately 20,306 vehicles per day, while Loop 281, a major north-south arterial road, accommodates 34,036 vehicles per day, contributing to the excellent exposure this property enjoys. This high-traffic, high-visibility location offers unparalleled retail opportunities in an area with more retail dollars spent than anywhere else in the market. The property sits amidst a significant daytime population, making it an attractive location for businesses looking to draw in local consumers. This is the only second-generation restaurant available on Loop 281, which further enhances its appeal. The building itself was remodeled in 2012 and includes essential restaurant infrastructure such as a large freezer, cooler, vent hood, and grease trap, making it move-in ready for food service businesses. Its prominent pylon signage at the corner further increases its exposure to passing motorists. Positioned on a major north-south artery, it connects dense residential rooftop areas, ensuring consistent customer flow from surrounding neighborhoods. With its unique combination of high traffic, retail density, and built-in restaurant facilities, this property offers an excellent sale opportunity in a prime Longview location.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$583 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Red Lobster

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

GR

APN/PARCEL ID

24979

ASK ABOUT THIS PROPERTY

John KingJBK EnterprisesMore Info
903-500-8492

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John KingJBK EnterprisesMore Info
903-500-8492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.