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Gilmer Shopping Center 1011 Us Highway 271 N 43,030 SF 100% Leased Retail Building Gilmer, TX 75644 $2,383,281 CAD ($55.39 CAD/SF) 8.08% Cap Rate
Investment Highlights
- Below Replacement Cost Shopping Center
- Credit Tenant
- Great 1031 Exchange Property
- Main Street Location with Two National and One Regional
- Easy to Manage Asset
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
43,030 SF
Building Class
B
Year Built/Renovated
1976/2000
Price
$2,383,281 CAD
Price Per SF
$55.39 CAD
Cap Rate
8.08%
NOI
$192,571 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
3.37 AC
Zoning
Retail - Commercial, retail. Health
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1937 | Improvements Assessment | $1,453,490 CAD |
| Land Assessment | $416,457 CAD | Total Assessment | $1,869,947 CAD |
Property Taxes
Parcel Number
1937
Land Assessment
$416,457 CAD
Improvements Assessment
$1,453,490 CAD
Total Assessment
$1,869,947 CAD
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Gilmer Shopping Center | 1011 Us Highway 271 N
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