605 N Preston Rd - Retail FOR SALE


Gunter, TX 75058
$3,322,000 USD
214-960-2887
605 N Preston Rd, Gunter, TX for Sale
$3,322,000 USD
Retail - FOR SALE
1/5
null | 6.25% Cap Rate

605 N Preston Rd
Gunter, TX 75058


HIGHLIGHTS

  • ? Less than a Mile from Gunter High School & Gunter Middle School of Gunter ISD, which is Ranked #3 Best School Districts in Grayson County ? Near the
  • 2018 Construction with an Average Lease Term Expiration August 2032
  • Strong Fundamentals with Parallel Positioning to Preston Road/US 289 (10,900+ Vehicles Per Day), Average Suite Size of 2,285 SF, & Multiple Ingress/Eg

OVERVIEW

100% Leased, 9,138 SF, 4-Tenant Retail Center on Preston Road in Gunter, TX | Average Rent of $22.73 PSF NNN Expiration August 2032 ?Complimentary Tenant Mix with Parkhaven Dental Care, Ship It & More, Camilo’s Tacos & JP Orthodontics, All Tenants Experiencing Rent Bumps During Primary Term ? 2018 Construction with an Average Lease Term Expiration August 2032 ? Strong Fundamentals with Parallel Positioning to Preston Road/US 289 (10,900+ Vehicles Per Day), Average Suite Size of 2,285 SF, & Multiple Ingress/Egress Points ? Nearby National Tenant Retailers Include Exxon, Sonic, United States Postal Service & Dollar General Amongst Others

FOR SALE DETAILS

PRICE

$3,322,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gunter Retail Strip

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

151738

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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