21415 US Highway 79
New Summerfield, TX 75780

The Kase Group is pleased to offer the opportunity to acquire the 100% fee simple interest in an absolute NNN Valero gas. The tenant has a new 15-year lease that commenced in March, 2017 The 100% fee simple interest in the underlying land and building is being offered. The tenant has four 5 year options to renew. Rent increases 1.5% annually. New Summerfield is a city in Cherokee County, Texas. New Summerfield is located in northeastern Cherokee County. U.S. Route 79 passes through the community, leading west 10 miles (16 km) to Jacksonville, the largest city in Cherokee County, and northeast 22 miles (35 km) to Henderson. Texas State Highway 110 intersects US 79 in the center of New Summerfield, leading north 11 miles (18 km) to Troup and south 14 miles (23 km) to Rusk, the Cherokee County seat.