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115 E Gibson St Jasper, TX

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Corporate triple net lease with 8+ years remaining.

Type:RETAIL
Lot size:
0.73 Acres
Added:
Mar 16, 2023
Days on Market:
1136
Last Refresh:
Apr 5 at 8:54 pm

Property Features for 115 E Gibson St

General Information

Standard status
Active
Lot size
0.73 Acres
Property subtype
RETAIL

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Listing Contact
Keith A Sturm

Listing agent Keith A Sturm License #MN 81883

Listing office Upland Real Estate Group, Inc

Listing date Mar 16, 2023

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Upland Real Estate Group, Inc


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

Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Jasper
County
Jasper
State
Texas
Longitude
-94.0007
Latitude
30.9084

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.
(612) 376-4488 Call to check price and availability
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