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207 US Highway 271
Gilmer, TX 75644
Dollar General · Retail Property For Sale
Investment Highlights
- ~3 years remaining with no renewal options — value-add redevelopment opportunity
- Approximately $49,550 in annual NOI with attractive in-place cash flow
- ±1.39 AC large land position with flexibility for future redevelopment
- Corporate lease guaranty providing reliable income during the remaining term
- ±23,200 vehicles per day along US Highway 271 — strong visibility and access
- NN lease structure limiting landlord responsibilities and operating expense exposure
Executive Summary
Broker Of Record
Patrick Graham
Matthews Real Estate Investment Services, Inc
528005, 9005919 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550
Patrick Graham
Matthews Real Estate Investment Services, Inc
528005, 9005919 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,500 SF
Building Class
C
Year Built/Renovated
1960/2000
Price
$700,000
Price Per SF
$56
Cap Rate
7.08%
NOI
$49,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.39 AC
Zoning
B1-B2
Property Taxes
| Parcel Number | 44590 | Improvements Assessment | $421,658 |
| Land Assessment | $378,061 | Total Assessment | $799,719 |
Property Taxes
Parcel Number
44590
Land Assessment
$378,061
Improvements Assessment
$421,658
Total Assessment
$799,719
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