600 W California St - Fast Food FOR SALE
Gainesville, TX 76240 |
$2,818,181 USD
858-373-3184
600 W California St
Gainesville, TX 76240
HIGHLIGHTS
- 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. 2024 Complete Renovation.
- Positioned Along Area’s Traffic and Retail Corridor - Features Easy Access & Excellent Visibility: Signalized Hard Corner Location.
- Immediate Access to/from Interstate 35 (54k+ VPD) - The Site Benefits from Nonstop Traffic Flow, connecting Dallas to Oklahoma City.
- Minutes from North Texas Medical Center - a 60-bed acute care hospital providing vital healthcare services and supporting community well-being.
- Walking Distance from Leonard Park - 30-Acre Community Park that features a Family-Friendly Zoo, Playgrounds, Sports Fields, Picnic Areas and more.
- Near Numerous National Retailers including Walmart Supercenter, The Home Depot, Tractor Supply Co, Hibbett Sports, Big Lots, Harbor Freight and more.
FOR SALE DETAILS
PRICE
$2,818,181 USD
PRICE/SF
$1,312 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPEYES W/ DR-THRU | 20 YR ABSOLUTE NET LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,651 SF
ZONING
F1
APN/PARCEL ID
25351
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858-373-3184
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858-373-3184
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