Property Name

Schlotzsky's Gainesville Retail Center

GLA 14,296 SF

Percent Leased 100% Leased

Property Description

SHOP Investment Sales has been exclusively retained to offer the opportunity to acquire Schlotzsky’s Gainesville Retail Center (the “Property”), a 14,296 SF drive-thru multi-tenant retail asset located in the North Texas submarket of Gainesville, Texas.  The Property is 100% leased to a compelling tenant line up with an average base lease expiration of January 2028. Rents average $26.04 PSF NNN with four of the six tenants experiencing built-in rent escalations. Schlotzsky’s Gainesville Retail Center benefits from a drive-thru end cap for Schlotzsky’s, partial masonry construction, parallel positioning to the highway, shallow bay depth, outdoor patios for Schlotzsky’s and Villa Grande Mexican Restaurant, an average suite size of 2,386 SF and a large 2-sided highly visible pylon sign.