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125 N Hwy 274
Kemp, TX 75143

CEFCO Gas/C-Store | New Build 15-Yr Abs NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 15 Year Absolute Triple-Net (NNN) Corporate Lease
  • 7.5 Percent Rental Increases Every Five Years
  • Signalized Hard Corner Location Visible to Over 11,500+ Cars per Day at Intersection of South Elm Street & North Highway TX-274
  • Guaranteed by Fikes Wholesale, Inc. with 2021 Revenue in Excess of $1.5 Billion
  • Site Includes 10 Fueling Stations (5 Pumps) for Cars and Four Separate Fueling Lanes for Semi-Trucks Under a Separate Canopy
  • Surrounded by National Retail Tenants: Subway, Dairy Queen, U-Haul, ExxonMobil, Family Dollar, and Sonic Drive-In

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,262 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.96 AC
Zoning
COMM - Commercial
Parking
29 Spaces (13.87 Spaces per 1,000 SF Leased)
Frontage
151 FT on South Elm Street

PROPERTY TAXES

  • Listing ID: 27008966

  • Date on Market: 10/31/2022

  • Last Updated:

  • Address: 125 N Hwy 274, Kemp, TX 75143