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115 E Gibson St Jasper, TX 75951

For Sale
$2,343,774

Corporate triple net lease with 8+ years remaining.

Lot size:
0.73 Acres

Property Features for 115 E Gibson St

General Information

Lot size
0.73 Acres

Source: Upland Real Estate Group, Inc Agent Keith A Sturm

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Automotive Property with Car Wash

This property features a 2-bay oil change building and a car wash. It is under a corporate Triple Net lease with over 8 years remaining and 10% increases every 5 years. The location benefits from traffic counts averaging 18,464 vehicles per day on Highway 190 and 14,267 vehicles per day on Highway 96. The surrounding area includes retailers such as Walmart, Lowes, Ashley Furniture, Dollar Tree, McDonald’s, Walgreens, and O’Reilly Auto Parts. Demographics within a 5-mile radius include a population of 10,357 with an average household income of $67,442. Located in Jasper, Texas, known as the “Jewel of the Forest,” the property is situated in the county seat of Jasper County. North of Jasper is Sam Rayburn Lake, the largest lake in Texas, covering 114,500 acres with over 750 miles of shoreline, consistently ranked among the top 10 fishing lakes in the nation. Grease Monkey International, the nation's largest independent franchisor of automotive oil change centers, serves over 2 million customers annually and has more than 340 centers operating in multiple countries.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Jasper
County
Jasper
State
Texas
Longitude
-94.000724
Latitude
30.908434

FAQs

What type of property is this?
Car wash - Corporate triple net lease with 8+ years remaining.
Where is this car wash located?
The property is located at 115 E Gibson St Jasper, TX.
What is the asking price?
The asking price for this property is $2,343,774.
What are key features of this property?
This property features: - Corporate Triple Net lease with 8+ years remaining and 10% increases every 5 years.; - Located on Highway 190 with high traffic counts averaging 18,464 vehicles per day.; - Features both a 2-bay oil change building and a car wash.
More about this property
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