RESOLUT RE is pleased to present Gatesville Retail Center, a 100% leased, ±17,768-square-foot multi-tenant retail center on E. Main Street (U.S. Hwy 84 / State Hwy 36), the primary retail corridor of Gatesville, Texas, and the seat of Coryell County. The center is anchored by UTMB (The University of Texas Medical Branch), a State of Texas / UT System credit that occupies about a third of the GLA and generates over half of base rent. Its lease runs into 2030–2031 with two five-year options and roughly 2% annual escalations. East Garden Chinese Buffet and a nationally branded Anytime Fitness round out the tenancy. With UTMB (2025) and East Garden (2026) newly signed and Anytime Fitness renewed in 2023, the rent roll has effectively been recapitalized, and net operating income grows from $178,847 today to a stabilized $207,631 in Year 1 as East Garden reaches full rent in January 2027. At the $2,650,000 offering price ($149.14 per square foot), that is a 7.84% capitalization rate, with the growth already built into signed leases. The medical, restaurant, and fitness tenant mix resists internet competition, and the center sits directly across from a shadow-anchoring H-E-B. It has strong visibility to ±18,024 vehicles per day, 106 parking spaces, and a supply-constrained trade area supported by a stable government and institutional employment base near Fort Cavazos (Fort Hood). A blend-and-extend with Anytime Fitness ahead of its October 2028 expiration offers a clear value-add opportunity. The modest check size and credit anchor also make the property easy to finance and well-suited to 1031 exchanges and private-capital buyers.
