Kim’s Convenience Store | Frankston, TX
Make an Offer
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

View Similar Investment Opportunities

Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities

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

Similar Listings of Interest

Owner-User C-Store (Open Jobber Contract) | Shreveport, LA

Owner-User C-Store (Open Jobber Contract) | Shreveport, LA

2525 East 70th Street - Shreveport, LA 71105

Cap Rate: %
Available
$875,000
View Listing Download
C-Store | Winchester, VA

C-Store | Winchester, VA

2765 Northwestern Turnpike - Winchester, VA 22603

Cap Rate: %
Available
$2,950,000
View Listing Download
TA Travel Center | White Hills, AZ

TA Travel Center | White Hills, AZ

19210 South Highway 93 - White Hills, AZ 86445

Cap Rate: 5.00%
Available
$22,888,800
View Listing Download
C-Store | Cape Girardeau, MO

C-Store | Cape Girardeau, MO

5827 State Hwy K - Cape Girardeau, MO 63701

Cap Rate: %
Available
$500,000
View Listing Download
Turnkey C-Store Opportunity | Baton Rouge, LA

Turnkey C-Store Opportunity | Baton Rouge, LA

1300 Scenic Hwy - Baton Rouge, LA 70802

Cap Rate: %
Available
$1,600,000
View Listing Download
River Place C-Store | Denham Springs, LA

River Place C-Store | Denham Springs, LA

18390 LA Hwy 16 - Denham Springs, LA 70726

Cap Rate: %
Available
$1,400,000
View Listing Download
C-Store | Gallatin, TN

C-Store | Gallatin, TN

2325 Hartsville Pike - Gallatin, TN 37066

Cap Rate: %
Available
$899,000
View Listing Download
3-Unit C-Store Portfolio | Florida

3-Unit C-Store Portfolio | Florida

- Largo & St. Petersburg, FL

Cap Rate: 6.24%
Available
$10,000,000
View Listing Download