Property profile

1050 E Broadway Ave Gladewater, TX 75647

FOR LEASE
Commercial real estate
Property ID
US82-1987634
5,800 SF 4.73 ac lot Built 2019
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,350 square foot retail space is ideally situated on East Broadway Avenue (Highway 80), Gladewater's busiest thoroughfare, ensuring maximum exposure for your business. Located within a larger 5,800 square foot building constructed in 2019, this single-tenant suite offers a modern and efficient layout. The property benefits from a generous tenant improvement allowance, providing flexibility to customize the space to perfectly suit your specific needs and brand aesthetic. The lease rate is $27 per square foot, plus NNN charges. This prime location in Gregg County, Texas, offers unparalleled access to a thriving community. The address is 1050 E Broadway Ave, Gladewater, TX 75647. The property's modern construction and high-traffic location make it an exceptional opportunity for businesses seeking a prominent presence in a growing market. This is a single-tenant occupancy within a shopping center setting, offering a blend of independence and shared amenities. Don't miss this chance to establish your business in a highly visible and convenient location. The available space is part of a larger building, providing ample parking and easy access for customers. The 2019 construction ensures modern building systems and energy efficiency. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2019
Total area 5,800 SF
Lot 4.73 ac (205,995 SF)
APN 0100005000-052-02-01
UPID US82-1987634

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Dental Office

Location

1050 E Broadway Ave Gladewater, TX 75647
Gladewater metro Census 10201 LONGVIEW, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$905k
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$965k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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