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601 W Upshur Ave
Gladewater, TX 75647

$499,000 USD

Storefront For Sale  •  7,830 SF

Property Details

• Property Type Storefront
• Total Building Size 7,830 SF
• Lot Size 0.49 AC
• Building Class B
• Year Built 1961
• Tenancy Single
• Zoning F1

0 Transit Score

55 Walk Score

Highlights

±4 years remaining and two 5-year renewal options.

Priced at $499,000 with a 9.00% cap rate and $44,550 annual NOI.

Priced at $499,000 with a 9.00% cap rate and $44,550 annual NOI.

±7,830 SF building on ±0.49 acres along Gladewater’s main retail corridor.

10% rent increases in each renewal option period for long-term growth.

Necessity-based retail model ensures consistent consumer demand in all cycles.

Amenities

• Corner Lot
• Tenant Controlled HVAC
• Storage Space
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Tyler Pounds Regional	47 min	-	33.7 mi