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207 US Highway 271
Gilmer, TX 75644

$700,000 USD

Freestanding For Sale  •  12,500 SF

Property Details

• Property Type Freestanding
• Total Building Size 12,500 SF
• Lot Size 1.39 AC
• Building Class C
• Year Built 1960
• Cap Rate 7.08 %
• Tenancy Single
• Zoning B1-B2

40 Walk Score

Highlights

~3 years remaining with no renewal options — value-add redevelopment opportunity

Corporate lease guaranty providing reliable income during the remaining term

Approximately $49,550 in annual NOI with attractive in-place cash flow

±23,200 vehicles per day along US Highway 271 — strong visibility and access

±1.39 AC large land position with flexibility for future redevelopment

NN lease structure limiting landlord responsibilities and operating expense exposure

Cap Rate:

7.08 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General		10/31/2029

Public Transportation

Airport	Drive	Walk	Distance
Tyler Pounds Regional	59 min	-	44.1 mi