Katz & Associates Arranges $4M Sale Of Texas Roadhouse Retail Location In Gainesville

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.