Retail Property with Drive-Thru
For Sale
Contact for pricing
903 US-82, Gainesville, TX 76240
Retail property includes a vacant drive-thru suite and is 78% occupied, supporting lease-up for improved income.
Property Size12,600 SF
Price / SF$325.40
Days on Market8
Property Features for 903 US-82
General Information
Standard status
Active
Size
12,600 SF
Property subtype
Retail
Occupancy
78%
Site & Location
Traffic Count
55,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1950
Listing Agency:
Matthews
(214) 692-2191
Listed By:
Lee Cordova · License #714883
Source:
Crexi
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 29 at 7:31AM
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 Matthews
Investment Insights
Based on property information with market context.
Retail property at 903 US-82 in Gainesville, TX, offering multiple diversified income streams. The property is currently 78% occupied, with a vacant drive-thru suite ready for lease-up, creating room to increase occupancy and in-place rental income.
The asset is positioned at the I-35 & US-82 interchange along a freight corridor with approximately 55,000 vehicles per day, projected to increase to 88,000 vehicles per day by 2040. It is also described as being about 70 miles north of the Dallas-Fort Worth Metroplex.
The surrounding North Texas trade area is supported by major economic development, including the $482 million I-35 expansion, the 7 million-square-foot Camp Howze industrial development, 815-acre Pace Ranch, and H-E-B’s regional supply chain campus, along with more than 1,500 planned homes and an average household income of approximately $89,108 within a 5-mile radius.
The asset is positioned at the I-35 & US-82 interchange along a freight corridor with approximately 55,000 vehicles per day, projected to increase to 88,000 vehicles per day by 2040. It is also described as being about 70 miles north of the Dallas-Fort Worth Metroplex.
The surrounding North Texas trade area is supported by major economic development, including the $482 million I-35 expansion, the 7 million-square-foot Camp Howze industrial development, 815-acre Pace Ranch, and H-E-B’s regional supply chain campus, along with more than 1,500 planned homes and an average household income of approximately $89,108 within a 5-mile radius.
Key Highlights
- Retail property built in 1950, currently 78% occupied with a vacant drive‑thru suite available for lease‑up
- Located at the I‑35 & US‑82 interchange with approximately 55,000 vehicles per day
- Traffic projected to increase to approximately 88,000 vehicles per day by 2040
Property Analytics
Current Use
Lease Details
55,000 VPD
Traffic count
78%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
238k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 47%
Hotels & Casinos 4%
Electronics 1%
QuikTrip
Shops & Services
89,941 visits/mo
0.1 miles
Whataburger
Dining
42,466 visits/mo
0.1 miles
Chick-fil-A
Dining
39,024 visits/mo
0.1 miles
Mobil
Shops & Services
13,258 visits/mo
0.5 miles
Panda Express
Dining
11,471 visits/mo
0.1 miles
Demographics for 76240, TX
28,349
Population
12,412
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
369.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,056
Median Household Income
$40,167
Median Earnings
$1,105
Median Rent
$207,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property includes a vacant drive-thru suite and is 78% occupied, supporting lease-up for improved income.
Where is this retail space located?
The property is located at 903 US-82 Gainesville, TX.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Retail property built in 1950, currently 78% occupied with a vacant drive‑thru suite available for lease‑up; Located at the I‑35 & US‑82 interchange with approximately 55,000 vehicles per day; Traffic projected to increase to approximately 88,000 vehicles per day by 2040
