201 N Interstate 35 - Freestanding FOR SALE
Gainesville, TX 76240 |
201 N Interstate 35
Gainesville, TX 76240
HIGHLIGHTS
- 100% Leased Drive-Thru Multi-Tenant Retail Asset in the North Texas Submarket of Gainesville, TX
- Average Base Lease Term Expiration of November 2028 with 4 Tenants Experiencing Built-In Rent Bumps During Primary Term
- Rents Average $27.52 PSF NNN
- Parallel Positioning Along Interstate 35, Drive-Thru End Cap & Outdoor Patio for Schlotzsky’s, Shallow Bay Depth, Partial Masonry Construction
- Moments from 150 Acre Black Hill Farm Master Planned Community; Anticipated 160 Single Family Homes, 125 Town Homes
- Interstate 35 & California Street Intersection (66,000+ VPD Combined)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Schlotzsky's Drive Thru Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Medical
TOTAL BUILDING SIZE
14296
STORIES
1
YEAR BUILT
2017
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
27549
