Highway 287 Multi-Tenant NNN
For Sale
$9,250,000
1420 Farley St, Waxahachie, TX 75165
Owner-user opportunity with multiple in-place leases and direct access on US Highway 287 for day-to-day operating income.
Property Size9,000 SF
Price / SF$1,027
Days on Market55
Property Features for 1420 Farley St
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Auto Service - Gas-Conv
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
Three In-Place Income Streams Anchored by a 20-Year Triple-Net Golden Chick Lease
Fuel Supply Contract Through 2035 | High-Volume Inside and Outside Sales
High-Visibility Location Along US Highway 287 Serving the Dallas–Ellis County Growth Corridor (39,245 VPD)
Population Growth of 32 Percent Since 2010 and Projected 9 Percent Growth Through 2030 (5 Miles)
Golden Chick | NOI: $69,996 | Lease Expiration: 20 Years After Tenant Opening Date
Carniceria La Suprema Butchershop | NOI: $60,000 | Lease Expiration: 9/24/2030
Taqueria Taco Express | NOI: $30,900 | Lease Expiration: 2/13/2030
Building Details
Building Size
9,000 SF
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5314
Listed By:
Salim Bhaidani · License #License(s): TX: 722548
(972) 755-5314
Source:
Marcusmillichap
Added: Jun 28
Changed: Aug 8
Last Checked: Aug 21 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Offered for sale is an owner-user retail and automotive-focused NNN site featuring EnRoute Market, Golden Chick, Carniceria La Suprema, and Taqueria Taco Express. The property includes multiple in-place income streams, highlighted by a 20-year triple-net Golden Chick lease with annual rent escalations and staggered lease expirations across the tenant lineup. In addition to the tenant rents, the site benefits from a fuel supply contract extending through 2035, including a $0.03-per-gallon rebate tied to ongoing fuel operations.
The property is positioned directly on US Highway 287 in Waxahachie, Texas, benefiting businesses seeking visibility and straightforward consumer access along a major corridor. It is located adjacent to a residential development described as 114 TownHouses at BlueBonnet Trail.
For buyers and operators, this configuration can support a hands-on approach to managing a diversified set of quick-service and convenience retail concepts under a triple-net structure, with lease terms that do not all expire at the same time. The presence of a long-term fuel supply contract through 2035 provides an additional operating revenue component alongside the in-place leases.
The property is positioned directly on US Highway 287 in Waxahachie, Texas, benefiting businesses seeking visibility and straightforward consumer access along a major corridor. It is located adjacent to a residential development described as 114 TownHouses at BlueBonnet Trail.
For buyers and operators, this configuration can support a hands-on approach to managing a diversified set of quick-service and convenience retail concepts under a triple-net structure, with lease terms that do not all expire at the same time. The presence of a long-term fuel supply contract through 2035 provides an additional operating revenue component alongside the in-place leases.
Key Highlights
- Owner‑user opportunity anchored by a 20‑year triple‑net Golden Chick lease with annual rent escalations
- Multiple in‑place income streams with staggered lease expirations among EnRoute Market, Golden Chick, Carniceria La Suprema, and Taqueria Taco Express
- Fuel supply contract runs through 2035 and includes a $0.03‑per‑gallon rebate for additional revenue tied to operations
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 75165, TX
49,805
Population
18,940
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
118.0 sq mi
ZIP Area
422
Density / Sq Mi
$84,780
Median Household Income
$45,677
Median Earnings
$1,473
Median Rent
$308,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Owner-user opportunity with multiple in-place leases and direct access on US Highway 287 for day-to-day operating income.
Where is this gas station located?
The property is located at 1420 Farley St Waxahachie, TX.
What is the asking price?
The asking price for this property is $9,250,000.
What are key features of this property?
This property features: Owner‑user opportunity anchored by a 20‑year triple‑net Golden Chick lease with annual rent escalations; Multiple in‑place income streams with staggered lease expirations among EnRoute Market, Golden Chick, Carniceria La Suprema, and Taqueria Taco Express; Fuel supply contract runs through 2035 and includes a $0.03‑per‑gallon rebate for additional revenue tied to operations
