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Gilmer Shopping Center 1011 Us Highway 271 N 43,030 SF 100% Leased Retail Building Gilmer, TX 75644 $1,700,000 ($39.51/SF) 8.08% Cap Rate

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Investment Highlights

Below Replacement Cost Shopping Center
Credit Tenant
Great 1031 Exchange Property

Main Street Location with Two National and One Regional
Easy to Manage Asset

Gilmer Shopping Center - For Sale

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Department Store

Building Size

43,030 SF

Building Class

Year Built/Renovated

1976/2000

Price

$1,700,000

Price Per SF

$39.51

Cap Rate

8.08%

NOI

$137,361

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.29

Lot Size

3.37 AC

Zoning

Retail - Commercial, retail. Health

Property Taxes

Parcel Number	1937	Improvements Assessment	$1,036,778
Land Assessment	$297,060	Total Assessment	$1,333,838

Property Taxes

Parcel Number

1937

Land Assessment

$297,060

Improvements Assessment

$1,036,778

Total Assessment

$1,333,838

(408) 313-7711

Contacts

AJ Loudermilk
Todd Carlson
Hunington Properties, Inc.

Listing ID: 41362582
Date on Market: 7/20/2026
Last Updated:
Address: 1011 Us Highway 271 N, Gilmer, TX 75644

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Gilmer Shopping Center | 1011 Us Highway 271 N

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