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23358993
23358994

1619 E Sarah DeWitt Dr, Gonzales, TX 78629

DB
TX 0585203, AR PB00089485
Andora Real Estate
Listed by Andora Real Estate
Unpriced
387 days on market
Updated 72 days ago
Opportunity zone

1619 E Sarah DeWitt | 24,322 SF | Gonzales TX

Details
APN 19252-901000-00000
Property Type Industrial, Retail (+1)
Sub Type Religious/Church, Storefront (+1)
Square Footage 24,322
Tenancy Single
Brand/Tenant Tractor Supply
Lease Type NNN
Lease Expiration 04/30/2028
Remaining Term 1.9
Broker Co-Op Yes
Class B
Year Built 1968
Year Renovated 1999
Buildings 1
Stories 1
Acreage 2.240
Zoning Commercial
Parking Spaces 42 spaces
Parking Per SqFt 1.73
Investment Type Value Add
Tenant Credit Corporate Guarantee

Tractor Supply Dark - Reposition with 2.3 yrs Remain on NNN Corp Lease - Gonzales, TX

Marketing description

VACANT FORMER TRACTOR SUPPLY CURRENTLY UNDER NNN LEASE UNTIL APRIL 30, 2028. OWNER CAN CONVEY WITH OR WITHOUT THE TSC LEASE IN PLACE ON AN AS-IS BASIS. VALUE ADD REDEVELOPMENT PRICED BELOW REPLACEMENT COST. PERFECT OPPORTUNITY FOR OWNER-USER OR BUILD-OUT-TO SUIT INVESTOR.

Pricing Variables (subject to change):

1) AS-IS condition with TSC lease in place: $1,800,000.

2) AS-IS condition with TSC lease terminated (Seller retains TSC buyout fee): $1,500,000.

3) Other pricing options subject to Buyer’s requirement for property condition and lease status at closing.

4) CALL BROKER TO DISCUSS PRICING OPTIONS BASED ON BUYER’S REQUIRMENTS.

Free standing 24,322 sq ft building on 2.24 acre site with 3 curb cuts and pylon sign. Perfect for a variety of uses; retail, service companies, equipment rental, dealership, warehouse, distribution, light industrial, church, school, etc. Can also be divided into smaller suites.

CALL BROKER FOR PRICING VARIABLES.

Investment highlights

  • Significantly below replacement cost

  • Textbook Value Add or Repurpose

  • Owner/User or Investor/Redeveloper

  • Offered AS-IS or with New Roof

  • Runway 2.3+ years runway on TSC NNN lease and income

  • Well positioned regional center 1 hour from Austin or San Antonio.

Listing Contacts

DB
TX 0585203, AR PB00089485
Andora Real Estate
Listed by Andora Real Estate

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Additional Information

Name
David Buttecali
License
0585203
Brokerage
Andora Real Estate LLC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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