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Greggton Retail Redevelopment Opportunity 3717 W Marshall Ave 3,500 SF of Retail Space Available in Longview, TX 75604
Highlights
- Positioned along West Marshall Avenue, a major corridor with consistent traffic flow.
- Surrounding area features established residential neighborhoods and multiple retail anchors.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,500 SF | 10 Years | $1.42 CAD/SF/YR $0.12 CAD/SF/MO $4,961 CAD/YR $413.42 CAD/MO | Triple Net (NNN) |
1st Floor
Former neighborhood retail space available as an as-is redevelopment / adaptive reuse opportunity. Ownership is seeking a qualified tenant or operator willing to improve and activate the property for its intended commercial use in exchange for a long-term, nominal-rent lease structure. Proposed base rent is approximately $1.00/SF/year, with tenant responsible for repairs, improvements, finish-out, utilities, operating expenses, insurance, permits, and compliance requirements, subject to final lease terms. Long-term lease preferred; final term negotiable based on proposed use, improvement scope, and tenant qualifications. Ideal for a hands-on retailer, service business, studio, showroom, specialty grocery, food/beverage concept, workshop, office, nonprofit, community use, or other commercial use subject to zoning, permitting, and landlord approval. Property is offered as-is. Tenant must verify zoning, utilities, code compliance, licensing, and suitability for intended use. All improvements subject to landlord approval and written lease agreement.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- 1 Loading Dock
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,500 SF | Gross Leasable Area | 3,500 SF |
| Property Type | Retail | Year Built | 1940 |
| Total Space Available | 3,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,500 SF |
| Year Built | 1940 |
About the Property
Greggton Retail Redevelopment Opportunity is a former neighborhood retail building located at 3717 W Marshall Ave in Longview, Texas. The property contains approximately 3,500 SF on one floor and is being offered as an as-is commercial redevelopment opportunity. Ownership is seeking a creative tenant/operator who wants affordable long-term control of a commercial space and is willing to make improvements for its own use. Rather than offering a finished, turn-key retail suite at market rent, the property is being positioned as a low-cost, long-term adaptive reuse opportunity. The proposed concept is a nominal base rent structure, approximately $1.00/SF/year, in exchange for tenant-funded improvements, repairs, finish-out, permitting, and activation of the property. Final lease terms are negotiable and subject to tenant qualifications, proposed use, improvement plan, insurance, and written lease agreement. Potential uses may include retail, showroom, service business, office, studio, workshop, specialty grocery, food or beverage concept, nonprofit, community use, or other commercial uses, subject to zoning, permitting, utilities, and landlord approval. Formerly known locally as Biggs Grocery, the building offers an opportunity for a new tenant to reimagine and reactivate a neighborhood commercial property in the Greggton area of Longview.
Nearby Major Retailers
Presented by
Barker Real Investments, LLC.
Greggton Retail Redevelopment Opportunity | 3717 W Marshall Ave
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