207 US Highway 271 - Freestanding FOR SALE
Gilmer, TX 75644 |
$700,000 USD
866-889-0550
207 US Highway 271
Gilmer, TX 75644
HIGHLIGHTS
- ~3 years remaining with no renewal options — value-add redevelopment opportunity
- Corporate lease guaranty providing reliable income during the remaining term
- Approximately $49,550 in annual NOI with attractive in-place cash flow
- ±23,200 vehicles per day along US Highway 271 — strong visibility and access
- ±1.39 AC large land position with flexibility for future redevelopment
- NN lease structure limiting landlord responsibilities and operating expense exposure
FOR SALE DETAILS
PRICE
$700,000 USD
PRICE/SF
$56 USD /SF
CAP RATE
7.08%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.39 AC
LAND SF
60,548 SF
ZONING
B1-B2
APN/PARCEL ID
44590
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866-889-0550
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866-889-0550
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