37 Elm Street, Gordonville, TX 04943
Freestanding, built-to-suit retail property supported by an existing double-net lease.
Property Features for 37 Elm Street
General Information
Building Details
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Investment Insights
Based on property information with market context.
The lease was signed in September 2013 and includes seven five-year extension options. Contractual rent increases of 10% are scheduled at the start of each option period. The offering includes the fee simple interest, with a corporate guaranty identified for the tenant obligation. Family Dollar is the only national retail tenant identified within the surrounding town, and the property is described as facing limited retail and discount-goods competition.
Key Highlights
- 8,000‑square‑foot freestanding built‑to‑suit store
- 0.86‑acre parcel
- More than six years remain on the original 10‑year double‑net lease
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Market
Vacancy Rate% for Retail in South region