Katz & Associates Arranges $4M Sale Of Texas Roadhouse Retail Location In Gainesville
3984 Southwest 43rd Street
Building Size
—
Asset Type
Retail
Closing
May 4, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 3984 Southwest 43rd Street in Gainesville. This asset was sold for a price of $4,000,000, showcasing its value in the market. The property features a ground lease arrangement specifically for a Texas Roadhouse location.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 3984 Southwest 43rd Street
- Market: Gainesville
- Asset Type: Retail
The transaction was facilitated by Michael Zimmerman, who is associated with Katz & Associates. This company played a critical role in arranging the sale, which exceeded the seller’s original basis from seven years prior, indicative of sustained investor interest in stable net-lease properties.
Players
Gainesville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93