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415 W California St
Gainesville, TX 76240
Kwik Kar 20 Yr Lease | Annual Increases · Retail Property For Sale

Investment Highlights

  • New 20 Year Absolute NNN Lease - Strong institutional lease contract
  • Dallas Metro (income tax free state)
  • Strong corporate credit, +700 unit operator
  • Annual rent increases @ the Greater of 2% or CPI, a complete hedge against inflation
  • Below replacement cost investment, hard to replace assets
  • Recession Resistant Industry

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,568 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.40 AC
Zoning
LI
Parking
17 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
113’ on W California St

Property Taxes

Property Taxes

Parcel Number
2517
Land Assessment
$269,963
Improvements Assessment
$658,770
Total Assessment
$928,733
  • Listing ID: 26310779

  • Date on Market: 8/2/2022

  • Last Updated:

  • Address: 415 W California St, Gainesville, TX 76240

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