16158 Hwy 31 W Tyler, TX
Newer truck stop with long-term lease and rent increases.
Property size:
6,739 SFLot size:
5.96 AcresProperty Features for 16158 Hwy 31 W
General Information
- Size
- 6,739 SF
- Lot size
- 5.96 Acres
Source:
Moodyscre
Listing Agent: Russell Smith
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Modern Truck Stop on Highway
Constructed in 2019, this 6,739 square foot building is situated on a 5.72 acre site. The property has over 11 years remaining on an absolute net lease, featuring 7.5% rent increases during the primary term and option periods, along with six 5-year renewal options. This large truck stop site offers excellent visibility and access from its prime location along State Highway 31 W, which sees over 21,820 vehicles per day. The property is located approximately 2 miles from Tyler Pounds Regional Airport, which has over 50,000 annual flights. The corporate CEFCO is backed by Casey’s General Stores, the 3rd largest convenience store chain in the U.S., which purchased CEFCO in 2024 in a $1.145 billion acquisition. Tyler is considered the commercial and cultural capital of the East Texas region, located 80 miles from both Dallas, TX, and Shreveport, LA. Tyler is ranked as the 9th best Southwest city for economic and job growth, with a population of over 113,030.
Location Intelligence
Current Use by Public Records
CEFCO Travel Center
Truck Stop
Cefco #0102
Gas Station
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.2997959
- Latitude
- 32.3243856
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FAQs
What type of property is this?
Truck stop - Newer truck stop with long-term lease and rent increases.
Where is this truck stop located?
The property is located at 16158 Hwy 31 W Tyler, TX.
What is the asking price?
The asking price for this property is $7,081,000.
What are key features of this property?
This property features: - Corporate CEFCO backed by Casey’s General Stores with $1.145-billion acquisition in 2024.; - 11+ Years Remaining on Abs. NNN Lease with 7.5% Rent Increases in Primary Term & Option Periods, Plus (6) 5-Year Options to Renew.; - Large Truck Stop Site (5.72 AC) with Excellent Visibility & Access – Prime Location Along State Highway 31 W (21,820+ VPD).