ARKO
Kilgore, Texas
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NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 4525 FM 349 in Kilgore, TX. The site consists of roughly 5,151 rentable square feet of building space on estimated 5.00-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 25th, 2021. The current annual rent is $319,025 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options
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