This Retail Property is no longer advertised on LoopNet.com.
125 N Hwy 274
Kemp, TX 75143
CEFCO Gas/C-Store | New Build 15-Yr Abs NNN · Retail Property For Sale
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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
- General Retail TruckStop
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
- 133 FT on Texas 274
PROPERTY TAXES
Parcel Number | 6945 | Improvements Assessment | $1,418,278 |
Land Assessment | $416,804 | Total Assessment | $1,835,082 |
Listing ID: 27008966
Date on Market: 10/31/2022
Last Updated:
Address: 125 N Hwy 274, Kemp, TX 75143
The Retail Property at 125 N Hwy 274, Kemp, TX 75143 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.