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Investment Highlights

  • 2026 Construction. 1,676+/- SF Building on 0.49+/- Acre Site
  • Rare Low Rent Corporate Ground Lease of $55,000 Annually | Truly Below Replacement Cost
  • Take 5 Oil Change Climbs to #27 on Entrepreneur’s Fastest-Growing Franchises List | 1,300+ Locations with $2.1B in Revenue
  • Located on a High-Traffic Signalized Corner | US-82 has 27,000+ VPD and Just Off I-35 with 39,000+ VPD
  • Less than 10 Miles Away From the Largest Casino in the World | Winstar has Over 6 Million Visitors Annually
  • Gainesville | First Texas City Encountered when Heading South on I-35 from Oklahoma | Population: 18,295

Executive Summary

15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years and (5) 5-Year Options to Renew

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,676 SF
Building Class
B
Year Built
2026
Price
$1,048,000
Price Per SF
$625.30
Cap Rate
5.25%
NOI
$55,020
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.49 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

7 Brew Coffee
Freddy's Frozen Custard & Steakburgers
Waffle House
Rent-A-Center
Woodforest National Bank
Anytime Fitness

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 16285
  • 10530
  • 7602
Land Assessment
$237,708
Improvements Assessment
$176,989
Total Assessment
$414,697
  • Listing ID: 40010495

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 405 US-82, Gainesville, TX 76240

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