Waco, TX 76705

CEFCO Sale-Leaseback

Property Address

3001 Gholson Road, Waco, TX, USA

Offering Summary

  • Price: $5,143,000
  • Lot Size: 2.16 Acres
  • Cap Rate: 5.25%
  • Year Built: 2021
  • Building SF: 6,000
  • Status: In Escrow
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  • Brand New 15-Year Absolute Triple-Net (NNN) Corporate Lease
  • Guaranteed by Fikes Wholesale, Inc. with 2020 Revenue in Excess of $1.0 Billion
  • 7.5% Rental Increases Every 5 Years
  • 85,944 Residents within a 5-Mile Radius
  • Waco is Centrally Located Along the I-35 Corridor Between Austin and Dallas
  • Large 2.16 Acre Lot - Site Includes Gas Pumps and Convenience Store
  • Near IH-35 Retail Corridor - Retailers Include Walmart, The Home Depot, IHOP, Whataburger, McDonald’s, and More
  • Less Than 1 Mile off the IH-35, Waco’s Primary Thoroughfare with Direct Access to Austin and Dallas/Fort Worth

Broker Information