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Multi-Tenant Investment Property 2401 S State Highway 36 44,356 SF 100% Leased Retail Building Gatesville, TX 76528 $5,716,878 CAD ($128.89 CAD/SF) 7.75% Cap Rate
Investment Highlights
- ESSENTIAL ANCHOR TENANTS - TRACTOR SUPPLY CO. & BEALLS
- LOCATED AT THE INTERSECTION OF "MAIN & MAIN" - 29,600 VPD
- RECENT CAPITAL IMPROVEMENT – ROOF REPLACEMENT
- POTENTIAL FOR OUTPARCEL CONSTRUCTION
- LARGE 5.74 -ACRE PARCEL WITH STRONG DEMOGRAPHIC BASE
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
44,356 SF
Building Class
B
Year Built/Renovated
1983/2005
Price
$5,716,878 CAD
Price Per SF
$128.89 CAD
Cap Rate
7.75%
NOI
$443,024 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
5.74 AC
Parking
269 Spaces (6.06 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 106772 | Improvements Assessment | $1,258,055 CAD |
| Land Assessment | $824,106 CAD | Total Assessment | $2,082,162 CAD |
Property Taxes
Parcel Number
106772
Land Assessment
$824,106 CAD
Improvements Assessment
$1,258,055 CAD
Total Assessment
$2,082,162 CAD
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Multi-Tenant Investment Property | 2401 S State Highway 36
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