405 U.S. 82
Gainesville, TX
Price:
$1,048,000
Cap Rate:
5.25%
NOI:
$55,000
Building Size:
Approx. 1,676 Sq. Ft.
Lot Size:
Approx. 0.49 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2026
Investment Overview
- 2026 Construction. 1,676+/- SF Building on 0.49+/- Acre Site
- 15-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years and (5) 5-Year Options to Renew
- 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