305 N Interstate 35 | Gainesville, TX 76240
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- LoopNet Team
305 N Interstate 35
Gainesville, TX 76240
Chili's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease – ZERO Landlord Responsibilities – Ideal for Passive Ownership
- Income Tax-Free State – Texas does not collect any income taxes
- Close Proximity to College Campus – North Central Texas College (NCTC) is located less than 1-mile to the Southwest
- Rare Corporate Guaranty – Lease is guaranteed by Brinker International, Inc. (NYSE: EAT)
- Excellent Visibility – The subject property is strategically located on I-35, boasting over ±49,000 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,861 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.44 AC
PROPERTY TAXES
| Parcel Number | 4386 | Improvements Assessment | $816,436 |
| Land Assessment | $1,380,353 | Total Assessment | $2,196,789 |
PROPERTY TAXES
Parcel Number
4386
Land Assessment
$1,380,353
Improvements Assessment
$816,436
Total Assessment
$2,196,789
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