Multi-Tenant Investment Property 2401 S State Highway 36 44,356 SF 100% Leased Retail Building Gatesville, TX 76528 $4,190,000 ($94.46/SF) 7.75% Cap Rate

Positioned along the active Texas 36 commercial corridor, this fully occupied multi tenant investment property in Gatesville presents a stable, income producing asset supported by strong national and regional operators. Offered as fee simple ownership, the center comprises approximately 44,356 rentable square feet situated on roughly 5.74 acres, creating an efficient balance of building mass and site functionality. The investment is anchored by Tractor Supply Co. and Bealls, two retailers known for consistent customer draw and durable performance in rural and regional markets. Their presence enhances long term stability and positions the center as a primary retail destination within the trade area. Supporting these anchors are additional tenants and a revenue generating kiosk component that rounds out the tenancy mix.
The property reports a net operating income of $324,700 and is offered at a purchase price of $4,190,000, resulting in an attractive 7.75 percent capitalization rate. These metrics, combined with 100 percent occupancy, provide a compelling profile for investors seeking predictable cash flow with upside potential. The site also offers the opportunity for a QSR outparcel, allowing future expansion or redevelopment options that can enhance long term value. Recent capital improvements improve durability and operational efficiency, further strengthening the asset’s risk adjusted profile.