Stephanie Taylor Of Scarborough Commercial Represents Seller In Sale Of Hawkins Crossing Retail Center In Longview
3052 North Eastman Road
Building Size
16,250 SF
Asset Type
Retail
Closing
Jul 16, 2025
About this deal
AI
The property involved in this transaction is a retail center known as Hawkins Crossing, located at 3052 North Eastman Road in Longview. The asset spans 16,250 square feet and was 93% leased at the time of closing.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3052 North Eastman Road
- Market: Longview
- Square Footage: 16,250
- Leasing Status: 93% leased at closing
- Broker: Stephanie Taylor - Scarborough Commercial
Stephanie Taylor represented the seller in this transaction and was responsible for sourcing the buyer. The broker, Scarborough Commercial Real Estate, facilitated the sale of the retail center.
Players
Longview Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93