Gainesville, TX - Atmos Energy Corporation

Description:

- The tenant, Atmos Energy Corporation, recently executed a new 10-year renewal commencing October 1, 2025, following 20 years of continuous operation at the site, reinforcing their long-term commitment and ensuring future income stability
- The lease includes two (2) additional 5-year renewal options with 3% annual increases throughout the current term and escalations to the greater of 9% or market rent at the start of each option, driving NOI growth and providing a strong inflation hedge

• The property features strong frontage along W Highway 82 (13,900 VPD) and is located less than one minute from I-35 (38,400 VPD), a major north–south arterial providing excellent regional connectivity.
• The trade area is anchored by more than 19,900 residents and 12,400 employees, providing a stable consumer and employment base
• An average household income of $84,824, combined with solid population and workforce density, supports strong underlying real estate fundamentals

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Listing ID: a28TP000001bPq5YAE