Archive for Wednesday, December 28, 2005

Removal of tanks complete at Casey’s

December 28, 2005

Now that the new Casey's General Store is up and running, company officials are preparing the former location for sale.

Last week, the underground gasoline tanks were pulled, and the pumps were removed. Now, the site awaits testing by the Environmental Protection Agency to ensure it contains no contamination.

And then, it will be ready for sale.

The tract at the busy intersection of U.S. Highway 24-40 and Kansas Highway 16 has attracted some interest.

"We don't have a buyer on it," said Bill Walljasper, chief financial officer for Casey's, which is based in Ankeny, Iowa. "We have some interested parties, but nothing concrete."

Casey's constructed a new 2,500-square-foot store just a block north of its former location. The new store, which features more fueling stations and a much larger parking area, replaced the former Bitler barbecue restaurant building at Third Street and 24-40 Highway.

The old site carries a 15-year no-compete provision. Walljasper said that means new owners could not sell anything that would compete with Casey's -- from gasoline to pizza to doughnuts.

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