5951 Airport Rd - Service Station FOR SALE


Temple, TX 76502
$9,555,000 USD
602-687-6650
5951 Airport Rd, Temple, TX for Sale
$9,555,000 USD
Service Station - FOR SALE
1/5
null | 5.2% Cap Rate

5951 Airport Rd
Temple, TX 76502


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

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.

FOR SALE DETAILS

PRICE

$9,555,000 USD

PRICE/SF

$1,589 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Casey's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.59 AC

LAND SF

156,380 SF

ZONING

LI

APN/PARCEL ID

458507

ASK ABOUT THIS PROPERTY

Zack HouseMarcus & MillichapMore Info
602-687-6650

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Zack HouseMarcus & MillichapMore Info
602-687-6650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.