2601 US-82 - Distribution FOR SALE


Gainesville, TX 76240
$1,835,000 USD
480-221-4221
2601 US-82, Gainesville, TX for Sale
$1,835,000 USD
Distribution - FOR SALE
1/7
null | 6% Cap Rate

2601 US-82
Gainesville, TX 76240


HIGHLIGHTS

  • Recent 10-Year Renewal | Commitment To Site | Additional Options To Extend | Rental Increases
  • Corporate Signature (NYSE: ATO) | Credit Tenant (S&P: A-)
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong W Highway 82 (13,900 VPD) Frontage | Proximity to I-35 (38,400 VPD)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

- The tenant, Atmos Energy Corporation, recently executed a new 10-year renewal commencing October 1, 2025, following 20 years of continuous operation at the site, reinforcing their long-term commitment and ensuring future income stability - The lease includes two (2) additional 5-year renewal options with 3% annual increases throughout the current term and escalations to the greater of 9% or market rent at the start of each option, driving NOI growth and providing a strong inflation hedge

FOR SALE DETAILS

PRICE

$1,835,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Atmos Energy Corporation

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

2.79

LAND SF

121,532

ZONING

I

APN/PARCEL ID

74002

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.