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Gilmer Shopping Center 1011 Us Highway 271 N

43,030 SF 100% Leased Retail Building Gilmer, TX 75644 $2,000,000 ($46/SF) 8.05% Cap Rate

Retail Space Texas Gilmer 1011 Us Highway 271 N, Gilmer, TX 75644

Investment Highlights

  • Below Replacement Cost Shopping Center
  • Easy to Manage Asset
  • Main Street Location with Two National and One Regional Credit Tenant
  • Great 1031 Exchange Property

Attachments

Gilmer Shopping Center

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
43,030 SF
Building Class
B
Year Built
1976
Price
$2,000,000
Price Per SF
$46
Cap Rate
8.05%
NOI
$161,054
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
3.37 AC
Zoning
Retail - Commercial, retail. Health

Links

1 of 1

Nearby Major Retailers

Brookshire's Food & Pharmacy
Anytime Fitness
Austin Bank
Starbucks
Prosperity Bank
First National Bank

PROPERTY TAXES

Parcel Number 1937 Improvements Assessment $1,032,553
Land Assessment $297,060 Total Assessment $1,329,613

PROPERTY TAXES

Parcel Number
1937
Land Assessment
$297,060
Improvements Assessment
$1,032,553
Total Assessment
$1,329,613
(713) 623-6944 x312

Contacts

  • Listing ID: 31545746

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 1011 Us Highway 271 N, Gilmer, TX 75644

More public record information on 1011 Us Highway 271 N, Gilmer, TX 75644

The Retail Property at 1011 Us Highway 271 N, Gilmer, TX 75644 is currently available for sale. Contact Hunington Properties, Inc. for more information.

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Gilmer Shopping Center | 1011 Us Highway 271 N
(713) 623-6944 x 312

Gilmer Shopping Center | 1011 Us Highway 271 N

1/2

Jonathan Aron

(713) 623-6944

x312

(713) 623-6944 x312

Todd Carlson

(281) 627-3291

(281) 627-3291

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