Triple Net Sale Leaseback Kim's Convenience Store Texas

Investment Offering

Tenant: Kim’s Convenience Store | Frankston, TX
Premises: 9,600 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 15 Yrs from COE
Lease Type: NNN
Rental Increases: 7.5% Every 5 Years

Sands Investment Group is pleased to present this Triple Net sale leaseback investment opportunity located in Frankston, Texas.

New 15 Year Triple Net (NNN) Lease To Begin at Close of Escrow
Zero Landlord Responsibility
Experienced Operator With 25+ Stores and Actively Expanding
Located on Hwy 155 Which Runs North into Tyler (30 Minute Drive) – Tyler Has an Estimated Population of Over 107,400 Residents and is Known as the Rose Capital of America for the Texas Rose Festival Attracting Thousands of Tourists Each October
Average Household Income of $68,339 Within a 3-Mile Radius
Located 10 Minutes South of Lake Palestine, Which Attracts Visitors Year Round; and is Home to One of Texas’ Best Golf Course at the Pine Dunes Golf Resort
Nearby Tenants Include: Boxcar BBQ, Frankston Donuts, Kwik Stop, Exxon, Frankston Packaging, Maxwell Pharmacy, AC Touchless Car Wash, Our Country Kettle and Subway

In Cooperation with Sands Investment Group Austin, LLC

BoR: Max Freedman – Lic. #9004706

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Tenant Overview

Founded in 1985 by Kim and Debra Cole, Kim’s Convenience Stores has grown from a single location in Palestine, Texas to 27 locations throughout East Texas and Oklahoma. In the Oklahoma market the company operates under the brand of Shop N Hop Markets. The majority of the growth has occurred since 2009 with 20 locations added since then. With a mission set forth by Kim Cole of being “more than your average convenience store”, Kim’s has been a leader in every market in which we compete. Leveraging our own proprietary food service programs and strong customer service, Kim’s continually outperforms the market trends. As a testament to our customer service, our customers continually vote us “best of the best” in local competitions each year. In the Palestine market we have won the title for the past 16 years. Kim and Debra Cole have 100% ownership in Kim’s Convenience Stores, Inc. and Shop N Hop Markets, LLC.

Area Overview