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2733 S State Highway 36
Gatesville, TX 76528
20-Year NNN Burger King Sale-Leaseback in TX · Retail Property For Sale

Investment Highlights

  • New 20-Year Absolute NNN Lease with 10% Rental Increases | Burger King is World’s Second Largest Fast Food Hamburger Chain ($1.65 Billion in Revenue)
  • Across the Street from the Only Walmart Supercenter Location Within 33 Miles | Surrounded by Gatesville Independent School District (2,788 Students)
  • High-Exposure Location and Access to Main Thoroughfares | Convenient Access to U.S. Route 84 (20,000 AADT) | Large 1.36 Acre Parcel
  • Located in an Income Tax Free State

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,072 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.36 AC
Parking
39 Spaces (12.7 Spaces per 1,000 SF Leased)

About 2733 S STATE HIGHWAY 36 , GATESVILLE, TX 76528

The property is strategically located on Texas Route 36, with visibility and access to 7,900 vehicles per day directly in front of the property. Texas State Route 36 serves as the city’s primary retail and transportation corridor. The site has convenient access to U.S. Route 84, a major east–west thoroughfare traversing the entirety of Gatesville and connecting Colorado and Georgia (20,000 AADT). The site is also within 1.3 miles of five hotels, including Holiday Inn Express & Suites Gatesville (68 rooms) and Ramada by Wyndham Gatesville (63 rooms), increasing foot traffic to the site. Visibility is increased by the site’s proximity near large employers, retailers, and community hubs. The property has interparcel access to a well-established Walgreens location and is across the street from the only Walmart Supercenter location within 33 miles of the site, boosting traffic to the location. Other notable national retailers surrounding the site include Pizza Hut, Taco Bell, Ace Hardware, McDonald’s, Sonic Drive-In, and many more. The property maintains a central location in the Gatesville Independent School District, as the site is within one mile of five schools with a combined enrollment of 2,788 students, significantly increasing lunchtime traffic to the site. The property is also 1.3 miles from the Gatesville Country Club, which features an 18-hole, par 70 golf course.

Property Taxes

Property Taxes

Parcel Number
145799
Land Assessment
$344,190
Improvements Assessment
$556,320
Total Assessment
$900,510
  • Listing ID: 19210724

  • Date on Market: 4/13/2020

  • Last Updated:

  • Address: 2733 S State Highway 36, Gatesville, TX 76528

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