405 US-82 - Auto Repair FOR SALE


Gainesville, TX 76240
$1,048,000 USD
469-694-4189
405 US-82, Gainesville, TX for Sale
$1,048,000 USD
Auto Repair - FOR SALE
1/5
null | 5.25% Cap Rate

405 US-82
Gainesville, TX 76240


HIGHLIGHTS

  • 2026 Construction. 1,676+/- SF Building on 0.49+/- Acre Site
  • Located on a High-Traffic Signalized Corner | US-82 has 27,000+ VPD and Just Off I-35 with 39,000+ VPD
  • Rare Low Rent Corporate Ground Lease of $55,000 Annually | Truly Below Replacement Cost
  • Less than 10 Miles Away From the Largest Casino in the World | Winstar has Over 6 Million Visitors Annually
  • Take 5 Oil Change Climbs to #27 on Entrepreneur’s Fastest-Growing Franchises List | 1,300+ Locations with $2.1B in Revenue
  • Gainesville | First Texas City Encountered when Heading South on I-35 from Oklahoma | Population: 18,295

OVERVIEW

15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years and (5) 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$1,048,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

10530,16285,7602

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

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