Auto Service - Gas-Conv
Casey's
5951 Airport Rd, Temple, TX 76504
Listing Price: $9,555,000
Investment Overview
Casey’s is a major American chain of convenience stores and gas stations and the 3rd Largest C-Store operator in the US. Founded in 1959, the company has grown into a dominant retail powerhouse headquartered in Ankeny, Iowa. As an essential fixture of Middle America, Casey’s operates as a unique hybrid of a gas station, grocery store, and restaurant.
Temple, Texas is a rapidly expanding commercial hub in Central Texas, positioned directly along the highly traveled Interstate 35 corridor. With a population of over 87,000 and steady projected growth, it serves as a regional anchor for healthcare, logistics, and manufacturing.
Investment Highlights
- 11.5+ Years Remaining on Corporate Absolute NNN Lease
- 7.5% Rental Increases Every 5 Years With Multiple Renewal Options
- Tenant is the 3rd Largest C-Store Operator in the US With ±2,921 Stores Across 20 States - Fortune 500 Company
- Signalized Hard Corner Location Visible by 27,920+ Cars per Day Along Airport Rd
- Adjacent to Baylor Scott & White Medical Center and Corporate Office - a Specialized, Multi-Facility Medical and Administrative Compound
- 83,809 Residents within a 5-Mile Radius - Projected to Increase 5.97%+ by 2030
- Average Household Income Exceeds $93,000 in the Surrounding Area
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Listing Price: $9,555,000
Investment Highlights
- 11.5+ Years Remaining on Corporate Absolute NNN Lease
- 7.5% Rental Increases Every 5 Years With Multiple Renewal Options
- Tenant is the 3rd Largest C-Store Operator in the US With ±2,921 Stores Across 20 States - Fortune 500 Company
- Signalized Hard Corner Location Visible by 27,920+ Cars per Day Along Airport Rd
- Adjacent to Baylor Scott & White Medical Center and Corporate Office - a Specialized, Multi-Facility Medical and Administrative Compound
- 83,809 Residents within a 5-Mile Radius - Projected to Increase 5.97%+ by 2030
- Average Household Income Exceeds $93,000 in the Surrounding Area
Investment Overview
Casey’s is a major American chain of convenience stores and gas stations and the 3rd Largest C-Store operator in the US. Founded in 1959, the company has grown into a dominant retail powerhouse headquartered in Ankeny, Iowa. As an essential fixture of Middle America, Casey’s operates as a unique hybrid of a gas station, grocery store, and restaurant. Temple, Texas is a rapidly expanding commercial hub in Central Texas, positioned directly along the highly traveled Interstate 35 corridor. With a population of over 87,000 and steady projected growth, it serves as a regional anchor for healthcare, logistics, and manufacturing.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By