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Kemp, TX 75143
CEFCO Sale-Leaseback
Property Address
125 Texas 274, Kemp, TX, USA
Offering Summary
Price:
$6,100,000
Lot Size:
2.37 Acres
Year Built:
2022
Building SF:
4,262
Status:
Closed
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Principal
Broker
Brand New 15 Year Absolute Triple-Net (NNN) Corporate Lease
Guaranteed by Fikes Wholesale, Inc. with 2021 Revenue in Excess of $1.5 Billion
7.5 Percent Rental Increases Every Five Years
Site Includes 10 Fueling Stations (5 Pumps) for Cars and Four Separate Fueling Lanes for Semi-Trucks Under a Separate Canopy
Signalized Hard Corner Location Visible to Over 11,500+ Cars per Day at Intersection of South Elm Street & North Highway TX-274
Surrounded by National Retail Tenants: Subway, Dairy Queen, U-Haul, ExxonMobil, Family Dollar, and Sonic Drive-In
Immediately Off of Major Texas Thoroughfare, U.S. 175 (Over 19,800 Cars per Day) – Direct Connection to Downtown Dallas
Centrally Located in the Community Between Kemp High School, Kemp Junior High School, and Kemp Primary School
Broker Information
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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