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| Price $12,960,000 | Built/Renov 1997 | Tenant Pilot |
| Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
8,797
| Lease Start
04-14-2022
| #Units
650
|
| Price/SF $1,473.23 | Expiration
04-13-2042
| Tenant Type Convenience/Gas |
| NOI $648,000 | R. Term 17.3 | Ownership Fee Simple |
| Rent/SF
$73.66
| Increases 10.0%/4/yrs | Pop 5Mi 105,761 |
| Lot/AC 3.98 | Options 4/5yrs/10% | AHHI 5Mi $62,859 |
| | |
Pilot is strategically located on NE Birmingham Road, situated just off Missouri 210, with access to 32,921 vehicles passing by daily. Additionally, the property is conveniently positioned one mile from Interstate 435 (70,263 VPD), which leads east to Peoria and Chicago. Across the street is the Ameristar Casino Hotel with 1.2 million visitors annually according to Placer.ai. Within a 3-mile...
...Oversized lot
Strategically located
Freeway close
Dense 100M+ pop 5 mi
Top 100 MSA
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Traded and rated company
Corporate Guarantee
Pilot Travel Centers LLC (“Pilot” or “PTC”) is the largest operator of travel centers in North America. The company operates primarily under the names Pilot or Flying J. Pilot’s travel centers...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
