201 N Interstate 35 | Gainesville, TX 76240
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- LoopNet Team
201 N Interstate 35
Gainesville, TX 76240
Schlotzsky's Gainesville Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Drive-Thru Multi-Tenant Retail Asset in the North Texas Submarket of Gainesville, TX
- Rents Average $26.04 PSF NNN
- Moments from 150 Acre Black Hill Farm Master Planned Community; Anticipated 160 Single Family Homes, 125 Town Homes, an Event Center & 70 Acres of Adj
- Average Base Lease Term Expiration of January 2028 with 4 Tenants Experiencing Built-In Rent Bumps During Primary Term
- Parallel Positioning Along Interstate 35, Drive-Thru End Cap & Outdoor Patio for Schlotzsky’s, Shallow Bay Depth, Partial Masonry Construction, an Ave
- Interstate 35 & California Street Intersection (45,000+ VPD Combined)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,296 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.73 AC
Frontage
365’ on I-35
PROPERTY TAXES
| Parcel Number | 27549 | Improvements Assessment | $0 |
| Land Assessment | $4,574,934 | Total Assessment | $4,574,934 |
PROPERTY TAXES
Parcel Number
27549
Land Assessment
$4,574,934
Improvements Assessment
$0
Total Assessment
$4,574,934
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