2401 S State Highway 36, Gatesville, TX 76528

Listing agent Ryan Butler Show Phone

Listing office Northmarq | Baltimore Show Phone

Listing date Jun 8, 2026

Source Moodyscre

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Overview

The property consists of three buildings plus one kiosk tenant, with current tenants including Tractor Supply Co., Bealls, a Laundromat, and Watermill Express (kiosk). Tractor Supply Co. is the largest rural lifestyle retailer in the U.S. and has occupied its space for more than 20 years, with lease extensions already completed twice. Bealls has occupied its space since 2022 and has approximately seven years remaining on its lease, with an upcoming 7.5% rent increase scheduled for 2028. Together, Tractor Supply and Bealls account for 94% of the rent roll.

The center is conventionally positioned off the signalized intersection of US-84 E Main St (19,300+ VPD) and TX-36 Main St (10,300+ VPD), supporting straightforward in-and-out access. Nearby retailers include McDonald's, 7 Brew Coffee, Taco Bell, 7-Eleven, and Dollar General.

For buyers and investors, the property offers a stabilized retail mix anchored by long-standing national and regional brands, supplemented by a laundromat and kiosk tenant. The landlord also has the potential, with tenant consent, to build a QSR outparcel in the center’s parking lot, which is expected to create additional rental income tied to that planned development.

Suggested Use

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

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

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Location Insight

• Map
• Local Demand

City

Gatesville

County

Coryell

State

Texas

Longitude

-97.729369

Latitude

31.43326

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FAQs

What type of property is this?

Shopping center - Multi-tenant retail center anchored by Tractor Supply and Bealls with consented QSR outparcel development opportunity.

Where is this shopping center located?

The property is located at 2401 S State Highway 36 Gatesville, TX.

What is the asking price?

The asking price for this property is $4,190,000.

What are key features of this property?

This property features: Multi‑tenant retail center with Tractor Supply Co., Bealls, a laundromat, and Watermill Express kiosk tenant; Tractor Supply Co. has occupied its space for 20+ years and extended its lease twice; Bealls occupied since 2022 with approx. 7 years remaining on its lease and a 7.5% rent increase in 2028