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Get In TouchTA Travel Center | White Hills, AZ
LV Petroleum
19210 South Highway 93, White Hills, AZ, 86445, USA
Sands Investment is Pleased to Exclusively Offer For Sale the 9,658 SF TA Travel Center Absolute NNN Asset Located at 19210 South Highway 93 in White Hills, AZ. This Offering Features an Absolute Triple Net Lease With Over 15 Years Remaining and No Landlord Responsibilities. The Property Operates Under the Well-Established TA Express Brand, Renowned For Its Consistent Quality and Driver-Centric Services, Making it a Secure and Attractive Investment Opportunity.
- Prime Location on US-93: Positioned Along a Major Transportation Corridor Connecting Las Vegas, NV, to Phoenix, AZ, Ensuring Steady Traffic Flow
- Features 67 Truck Parking Spaces, 7 Fuel Lanes, and 4 Non-Diesel MPDs Accommodating Heavy Traffic Flow and Large Vehicles
- Includes Amenities Such As – Ample Parking (67 Spaces), Multiple QSR and Dining Lounge Options, CAT Scale, Laundry Facilities, Pet- Friendly Facilities, RFID Pump Start, Transflo Express Scanning, Participation in the UltraONE Rewards Program, and More
- Serves as a Key Stop For Visitors Heading to The Grand Canyon Skywalk, Lake Mead, and Other Scenic Landmarks
- Operated Under the Well-Established TA Express Brand, Known For Consistent Quality and Driver-Centric Services
- White Hills and the Surrounding Region Are Seeing Increased Residential and Commercial Growth, Which Will Boost Long-Term mTraffic Volumes
- The EBIDAR / Rent Coverage at This Location to Rent is 5x – Please Reach Out to Broker For More Information
- Opportunity to Work With One of TA’s Largest Franchisees, Who Have Over 25 TA Locations in Their Portfolio
In Cooperation With Sands Investment Arizona, LLC – Lic. #LC690889000 BoR: Gary W. Berwick, CCIM – Lic. AZ #BR625869000
LV Petroleum
19210 South Highway 93, White Hills, AZ, 86445, USA
TA TRAVEL CENTER
TravelCenters of America Inc., part of the bp portfolio, is a full-service travel center network operating under the TA®, Petro Stopping Centers® and TA Express® brands. Founded in 1972 and headquartered in Westlake, Ohio, its nearly 19,000 team members serve guests in over 300 locations in 44 states, with a mission of returning every traveler to the road better than they came. Offerings include diesel and gasoline, truck maintenance and repair, full-service and quick-service restaurants, stores with food, beverages and merchandise, car and truck parking and other services dedicated to providing great experiences for guests. TA is also committed to meeting the evolving needs of professional drivers and motorists as the nation shifts toward the increased adoption of alternative fuels and electric vehicles.
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Price
$19,455,481
Cap Rate
6.00%
PREMISES
9,658 SF
RENEWAL OPTIONS
2 x 10 Year Options
Lease Expiration
12/28/2040
Lease Type
Absolute NNN
RENTAL INCREASES
2% Annually
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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