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North Texas Net Lease Tire & Brakes 805 US-82 10,500 SF Retail Building Gainesville, TX 76240 $2,080,000 ($198.10/SF) 7.50% Cap Rate
Investment Highlights
- Established 80+ Unit Operator Across 15 States
- Less Than 32 Miles Away From University of North Texas (Over 45,000 Students)
- Nearby Retailers, QuikTrip, Chick-fil-A, Whataburger, Panda Express, AT&T, Sherwin Williams, The Home Depot, Walmart, Tractor Supply
- Approximately 750 Feet From Interstate 35
- Situated on US-82, The Primary East/West Bound Thoroughfare Connecting Gainesville, Sherman, Bonham, and Paris, TX
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,500 SF
Building Class
C
Year Built
1952
Price
$2,080,000
Price Per SF
$198.10
Cap Rate
7.50%
NOI
$156,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.91 AC
Frontage
296’ on U.S. 82
Nearby Major Retailers
Property Taxes
| Parcel Number | 2526 | Improvements Assessment | $145,472 |
| Land Assessment | $405,928 | Total Assessment | $551,400 |
Property Taxes
Parcel Number
2526
Land Assessment
$405,928
Improvements Assessment
$145,472
Total Assessment
$551,400
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North Texas Net Lease Tire & Brakes | 805 US-82
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