Kim's C-Store & IHOP Multi-Tenant Absolute NNN Lease Restaurant Texas

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Tenant: Kim’s C-Store & IHOP | Pittsburg, TX
Premises: 8,567 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 15 Years From COE
Lease Type: Absolute NNN
Rental Increases: 7.5% Every 5 Years

Sands Investment Group is Pleased to Present Exclusively For Sale the 8,567 SF Multi-Tenant Absolute NNN Lease Investment Opportunity Located at 2241 US Highway 271 N in Pittsburg, Texas. This Deal Includes a Brand New Construction With a 15 Year Absolute Triple Net (NNN) Lease To Begin at Close of Escrow.

Site is Within an Opportunity Zone Allowing the Landlord to Take Advantage of the Tax Benefits Offered in the 2017 Tax Cuts and Jobs Act
Brand New Construction 15 Year Absolute Triple Net (NNN) Lease To Begin at Close of Escrow
Healthy EBITDAR/Rent Coverage Ratio: 2.25x
7.5% Rental Increases Every 5 Years Provides a Secure Hedge Against Inflation
Excellent Visibility and Access Along Highway-271 Which Sees Over 15,200 Vehicles Per Day
In-House IHOP & Grocery Sales Drive Local Traffic to This Location as Well as Being Adjacent to the Chrysler Dodge Jeep Ram Dealership
Experienced Regional Operator With 18+ Locations and Growing
Truck Stop Destination – 8 MPDs With Diesel Hoses, 6 Diesel Islands and 4 ‘Off-Road’ Dispensers Will Drive Market-Leading Fuel Sales
Additional Revenue – Site Features 1.5 AC of Truck Parking, a Mini Car Wash Tunnel, a Proposed Truck Wash, a Liquor Store and a Truck/Tire Center Will Boost Sales
Major Trucking Route: US Highway 271 Connects Tyler, TX With Interstate 30, Which Leads to Texarkana, Denton and Little Rock
Pittsburg is the Former Home of Pilgrim’s Pride – The Largest Poultry and Egg Producer; Racing Legend Carroll Shelby; and Cavenders Boot City
Pittsburg is Equidistant By 2 Hours to Dallas, TX (to the West) and Shreveport, LA (to the East)
Nearby Tenants Include: Dollar General, Family Dollar, Sonic, McDonald’s, Farm Bureau Insurance, True Value Hardware & Lumber, Guaranty Bank & Trust