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1209 N Grand Ave 8,700 SF 86% Leased Retail Building Gainesville, TX 76240 For Sale
Executive Summary
Prime Retail Investment with very attractive CAP, cash flowing carefree investment. Adjacent to New McDonald’s , New 7/11 & proposed ALDI Development. All new leases with excelent complementing Tenant mix which
This retail center is strategically located on N Grand Avenue, one of Gainesville’s most active commercial corridors. The property sits directly across from a newly opened McDonald’s, Sonic, Chicken Express , Wallmart,Asian Buffet and a local busy maxican restaurent with an ALDI grocery store currently under construction nearby, and multiple multifamily developments underway, creating a rapidly strengthening retail and residential trade area.
Property Highlights
Located on N Grand Ave with strong visibility and frontage
Stable in-place cash flow with Increament every year built in leases
Excellent ingress/egress and ample on-site parking
Positioned among national and local retailers, restaurants, and service providers
Ideal for retail, service, or neighborhood-oriented tenants
Investment Highlights
Benefiting from national retailers driving traffic to the corridor
Increasing rooftop density from nearby multifamily development
Strong long-term growth potential as area continues to develop
Attractive opportunity for investors or owner-users
Well-positioned for rent growth and tenant demand
Location Overview
Gainesville, TX serves as a regional hub in North Texas near the Texas–Oklahoma border. The property offers convenient access to I-35, nearby residential neighborhoods, and expanding retail development, making it a compelling location for both consumers and retailers.
This retail center is strategically located on N Grand Avenue, one of Gainesville’s most active commercial corridors. The property sits directly across from a newly opened McDonald’s, Sonic, Chicken Express , Wallmart,Asian Buffet and a local busy maxican restaurent with an ALDI grocery store currently under construction nearby, and multiple multifamily developments underway, creating a rapidly strengthening retail and residential trade area.
Property Highlights
Located on N Grand Ave with strong visibility and frontage
Stable in-place cash flow with Increament every year built in leases
Excellent ingress/egress and ample on-site parking
Positioned among national and local retailers, restaurants, and service providers
Ideal for retail, service, or neighborhood-oriented tenants
Investment Highlights
Benefiting from national retailers driving traffic to the corridor
Increasing rooftop density from nearby multifamily development
Strong long-term growth potential as area continues to develop
Attractive opportunity for investors or owner-users
Well-positioned for rent growth and tenant demand
Location Overview
Gainesville, TX serves as a regional hub in North Texas near the Texas–Oklahoma border. The property offers convenient access to I-35, nearby residential neighborhoods, and expanding retail development, making it a compelling location for both consumers and retailers.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,700 SF
Building Class
C
Year Built
1978
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.63 AC
Zoning
F1 - Commercial
Parking
35 Spaces (4.02 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,200 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,200 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 6686 | Improvements Assessment | $1,052,977 |
| Land Assessment | $447,023 | Total Assessment | $1,500,000 |
Property Taxes
Parcel Number
6686
Land Assessment
$447,023
Improvements Assessment
$1,052,977
Total Assessment
$1,500,000
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1209 N Grand Ave
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