125 N Hwy 274 | Kemp, TX 75143
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- LoopNet Team
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
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
PROPERTY TAXES
| Parcel Number | 6945 | Improvements Assessment | $983,196 |
| Land Assessment | $416,804 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
6945
Land Assessment
$416,804
Improvements Assessment
$983,196
Total Assessment
$1,400,000
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