Tenant: TA Travel Center | White Hills, AZ
Premises: 9,658 SF
Renewal Options: 2 x 10 Years
Lease Expiration: 12/28/2040
Lease Type: Absolute NNN
Rental Increases: 2% Annually
Sands Investment Arizona is Pleased to Present Exclusively For Sale the 9,658 SF TA Travel Center Absolute NNN Asset Located at 19210 South Highway 93 in White Hills, AZ. This Deal Includes 17+ Years Remaining on an Absolute Triple Net (NNN) With 2% Annual Rent Increases and 2 x 10 Year Options, Providing For a Secure Investment.
In Cooperation With Sands Investment Arizona, LLC – Lic. #LC690889000 BoR: Gary W. Berwick, CCIM – Lic. AZ #BR625869000
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Las Vegas Petroleum specializes in the development and operations of gas stations and convenience stores in the Las Vegas and Arizona Markets. The company has acquired & rehabbed or developed and then sold over 40 locations in the last 12 years. Current retail operations include four convenience store locations and one Travel America Express Travel Center in addition to the seven property portfolio that is part of MLV as well as a sixty-acre Travel America Travel Center in Ash Fork, AZ that is currently in development. In addition to retail operations, LVP operates a wholesale fuel distributor in that supplies 76, Philips and Conoco branded gasoline as well as unbranded fuels. They currently supply over one million gallons per month to 32 locations. Partner Val Amiel & Guy Madmen have over 15 years of experience in the retail industry that includes gas stations and convenience stores, travel centers, multi-unit car wash operations and deli & food service. In addition to managing over 55 sites during this period with more than 500 employees, Guy and Val are also partners in Service Station & Compliance which is a contractor specializing in the installation of underground storage tank systems, MPD’s, fuel court canopies as well ongoing testing and compliance.