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34577329
34577326

903 US-82, Gainesville, TX 76240 For Sale

LC
TX 714883
Matthews
AN
TX TX826217, NV S.0203902
Matthews
Listed by Matthews
$4,100,000
2 days on market
Updated 2 days ago

Owner/User Gas Station

Details
Property Type Retail
Sub Type Gas Station
Square Footage 12,600
Net Rentable (SqFt) 5,000
Units 3
Occupancy 78%
Tenancy Multi
Lease Type NNN
Class B
Year Built 1950
Acreage 1.060
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Retail | 0.00% CAP | 12,600 SqFt

Marketing description

High-volume sales supported by multiple diversified income streams. Immediate value-add opportunity - Currently 78% occupied with a vacant drive-thru suite ready for lease-up, providing upside through increased occupancy and in-place rental income to enhance NOI. Prime location at the I-35 & US-82 interchange - Positioned along one of the nation's busiest freight corridors with approximately 55,000 vehicles per day, projected to increase to 88,000 vehicles per day by 2040, approximately 70 miles north of the Dallas-Fort Worth Metroplex. Located in a rapidly expanding North Texas trade area - Surrounded by significant economic development, including the $482 million I-35 expansion, the 7 million-square-foot Camp Howze industrial development, 815-acre Pace Ranch, and H-E-B's regional supply chain campus, supporting more than 1,500 planned homes and an average household income of approximately $89,108 within a 5-mile radius.

Investment highlights

  • High-volume sales supported by multiple diversified income streams.
  • Immediate value-add opportunity — Currently 78% occupied with a vacant drive-thru suite ready for lease-up, providing upside through increased occupancy and in-place rental income to enhance NOI.
  • Prime location at the I-35 & US-82 interchange — Positioned along one of the nation's busiest freight corridors with approximately 55,000 vehicles per day, projected to increase to 88,000 vehicles per day by 2040, approximately 70 miles north of the Dallas–Fort Worth Metroplex.
  • Located in a rapidly expanding North Texas trade area — Surrounded by significant economic development, including the $482 million I-35 expansion, the 7 million-square-foot Camp Howze industrial development, 815-acre Pace Ranch, and H-E-B's regional supply chain campus, supporting more than 1,500 planned homes and an average household income of approximately $89,108 within a 5-mile radius.

Listing Contacts

LC
TX 714883
Matthews
AN
TX TX826217, NV S.0203902
Matthews
Listed by Matthews

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Additional Information

Name
Patrick Graham
License
528005
Title
Broker of Record
Name
Lee Cordova
License
714883
Name
Andreas Nava
License
TX826217
Brokerage
Matthews
Brokerage Phone
(866) 889-0550
Title
Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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