207 US Hwy 271 N, Gilmer, TX 75644 For Sale

TX Disclaimer Vincent Tanzi & Vincent Chapey (In conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)

• Short-Term Value-Add Opportunity - Approximately 3 years of lease term remaining with no renewal options, creating a potential redevelopment, repositioning, or re-tenanting opportunity upon lease expiration.
• Corporate Lease Guaranty - Lease is backed by a corporate guarantor, providing reliable income during the remaining term.
• Attractive In-Place Cash Flow - Property generates approximately $49,550 in annual Net Operating Income (NOI).
• Strategic Highway Location - Situated along US Highway 271 in Gilmer, Texas, with exposure to approximately 23,200 vehicles per day, offering strong visibility and accessibility.
• Established Retail Corridor - Located near several national and regional retailers, including Taco Bell, Jack in the Box, Phillips 66, and a Ford dealership, driving consistent consumer traffic to the area.
• Large Land Position - The property consists of approximately 1.39 AC, providing flexibility for future redevelopment or alternative site uses.
• Substantial Building Improvements - Features approximately 12,500 SF of gross leasable area (GLA), offering a significant existing improvement footprint.
• Redevelopment Potential - The lack of tenant renewal options allows investors to capitalize on future market rents, pursue adaptive reuse, or redevelop the site to maximize value.
• NN Lease Structure - Operates under a Net Lease (NN) structure, limiting landlord responsibilities and reducing operating expense exposure.
• Strong Future Upside - Investors benefit from current income while maintaining the flexibility to unlock additional value through lease-up, redevelopment, or disposition strategies at lease expiration.