Log In/Sign Up
Your email has been sent.
Gunter Retail Strip 605 N Preston Rd 9,138 SF 100% Leased Retail Building Gunter, TX 75058 $3,322,000 ($363.54/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- ? Less than a Mile from Gunter High School & Gunter Middle School of Gunter ISD, which is Ranked #3 Best School Districts in Grayson County ? Near the
- Strong Fundamentals with Parallel Positioning to Preston Road/US 289 (10,900+ Vehicles Per Day), Average Suite Size of 2,285 SF, & Multiple Ingress/Eg
- 2018 Construction with an Average Lease Term Expiration August 2032
EXECUTIVE SUMMARY
100% Leased, 9,138 SF, 4-Tenant Retail Center on Preston Road in Gunter, TX | Average Rent of $22.73 PSF NNN Expiration August 2032
?Complimentary Tenant Mix with Parkhaven Dental Care, Ship It & More, Camilo’s Tacos & JP Orthodontics, All Tenants Experiencing
Rent Bumps During Primary Term
? 2018 Construction with an Average Lease Term Expiration August 2032
? Strong Fundamentals with Parallel Positioning to Preston Road/US 289 (10,900+ Vehicles Per Day), Average Suite Size of 2,285 SF, & Multiple Ingress/Egress Points
? Nearby National Tenant Retailers Include Exxon, Sonic, United States Postal Service & Dollar General Amongst Others
?Complimentary Tenant Mix with Parkhaven Dental Care, Ship It & More, Camilo’s Tacos & JP Orthodontics, All Tenants Experiencing
Rent Bumps During Primary Term
? 2018 Construction with an Average Lease Term Expiration August 2032
? Strong Fundamentals with Parallel Positioning to Preston Road/US 289 (10,900+ Vehicles Per Day), Average Suite Size of 2,285 SF, & Multiple Ingress/Egress Points
? Nearby National Tenant Retailers Include Exxon, Sonic, United States Postal Service & Dollar General Amongst Others
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,138 SF
Building Class
B
Year Built
2019
Price
$3,322,000
Price Per SF
$363.54
Cap Rate
6.25%
NOI
$207,625
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.66 AC
Frontage
PROPERTY TAXES
| Parcel Number | 151737 | Improvements Assessment | $1,247,001 |
| Land Assessment | $500,962 | Total Assessment | $1,747,963 |
PROPERTY TAXES
Parcel Number
151737
Land Assessment
$500,962
Improvements Assessment
$1,247,001
Total Assessment
$1,747,963
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Gunter Retail Strip | 605 N Preston Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.