Rusk, TX 75785

Casey's Fuel Center (CEFCO)

Property Address

128 North Dickinson Drive, Rusk, TX 75785, USA

Offering Summary

  • Price: $5,069,000
  • Lot Size: 2.066 Acres
  • Cap Rate: -1%
  • Year Built: 2022
  • Building SF: 4,232
  • Status: In Escrow
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  • New 15 Year Absolute Triple-Net (NNN) Corporate Lease (13 Years Remaining)
  • Casey’s General Stores, Inc. Recently Announced $1.1 Billion Acquisition of CEFCO Parent Company Fikes Wholesale, Inc.
  • 7.5 Percent Rental Increases Every Five Years
  • Site Includes 16 Fueling Stations (8 Pumps) and an Air Pump
  • New CEFCO Kitchen Convenience Store Concept - Includes Made-to-Order Food Stations, Self-Ordering Kiosks, Beverage Machines, and a Range of Breakfast, Lunch, and Dinner Fare
  • Surrounded by National Tenants, Including Whataburger, Taco Bell, Dairy Queen, McDonald’s, Sonic Drive-In, Family Dollar, and Pizza Hut
  • Signalized Hard Corner Location Visible to Over 17,600 Cars/Day at the Intersection
  • 38,101 Residents in the Surrounding Trade Area - Population and Households are Projected to Increase 2-3% in a 10-Mile Radius by 2027
  • Situated on North Dickinson Drive (US-69), Providing Direct Access to Jacksonville (14 Miles) and Tyler (41 Miles)

Broker Information