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29833717
29833718

2401 TX-36, Gatesville, TX 76528 For Sale

CB
OK OK 155856, AZ AR #PB0082928
Northmarq Capital, LLC
Listed by Northmarq Capital, LLC
$4,190,000
150 days on market
Updated 55 days ago

Multi-Tenant Investment Property (3 Tenants + Kiosk)

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 44,356
Net Rentable (SqFt) 44,356
Units 3
Cap Rate 7.75%
NOI $324,700
Occupancy 100%
Tenancy Multi
Brand/Tenant Tractor Supply, Bealls
Rent Bumps Yes
Lease Options Yes
Price per SqFt $94
Year Built 1983
Year Renovated 2025
Buildings 1
Stories 1
Acreage 5.740
Investment Type Net Lease

Tractor Supply Co. & Bealls Anchor Tenants | Potential for QSR Outparcel | Large 5.74-Acre Parcel

Marketing description

Northmarq, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in the ± 44,356 SF multi-tenant building located in Gatesville, TX (“The Property”). The Property is anchored by Tractor Supply Co. and Bealls and sits on a large 5.74-acre lot. The building is home to three building tenants and one kiosk tenant, including: Tractor Supply Co., Bealls, a 24/7 Laundromat, and Watermill Express (kiosk).

The Property is located in Gatesville, Texas, the county seat of Coryell County. Gatesville is conveniently located at the intersection of State Highways 84 and 36, and is approximately 38 miles west of Waco, 80 miles north of Austin, and 110 miles southwest of Dallas.

The Property is conventionally positioned off the signalized intersection of US-84 E Main St (19,300+ VPD) and TX-36 Main St (10,300+ VPD). This provides easy access to/from the Property. Nearby tenants include: McDonald's, 7 Brew Coffee, Taco Bell, 7-Eleven, and Dollar General.

Investment highlights

  • ESSENTIAL ANCHOR TENANTS - TRACTOR SUPPLY CO. & BEALLS

  • POTENTIAL FOR OUTPARCEL CONSTRUCTION

  • LOCATED AT THE INTERSECTION OF "MAIN & MAIN" - 29,600 VPD

  • LARGE 5.74 -ACRE PARCEL WITH STRONG DEMOGRAPHIC BASE

  • RECENT CAPITAL IMPROVEMENT – ROOF REPLACEMENT

Listing Contacts

CB
OK OK 155856, AZ AR #PB0082928
Northmarq Capital, LLC
Listed by Northmarq Capital, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$324,700.00
$27,058.33/mo

Valuation Metrics

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DSCR
7.75%
Cap Rate
7.75%
ROI

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