512-920-5120
15587 M 60, Tekonsha, MI for Sale
Truck Stop - FOR SALE
1/2
null | Request Cap Rate

15587 M 60
Tekonsha, MI 49092


HIGHLIGHTS

  • 20-year Absolute Triple Net (NNN) Lease, zero landlord responsibilities, and 2% Annual Rent Increases.
  • Qualifies for 100% Bonus Depreciation.
  • Opportunity to partner with TA's largest and most experienced franchisee - LV Petroleum is the 4th largest travel center operator in the country.
  • The location is 13.5 acres and features 5 diesel lanes, 8 gas fueling positions, 85 truck parking spots, and a truck service facility.
  • I-69 is a primary NAFTA/USMCA freight corridor running from Port Huron, MI, the busiest commercial truck crossing into Canada.
  • LV Petroleum operates over 80+ locations throughout the U.S.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 12,744 SF TA Travel Center located at 15587 M-60 in Tekonsha, MI. This exceptional investment opportunity features a TA Travel Center secured by a brand-new 20-year Absolute Triple Net (NNN) Lease that commences at the close of escrow. The long-term lease structure provides stable and predictable cash flow with minimal landlord responsibilities, making it an attractive opportunity for investors seeking a high-quality, passive investment backed by a nationally recognized travel center operator. IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TA Travel Center - Tekonsha, MI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Truck Stop

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.5 AC

LAND SF

588,060 SF

ZONING

C-3

APN/PARCEL ID

44-122-063-00

ASK ABOUT THIS PROPERTY

Matt MontagneSands Investment Group Austin, LLCMore Info
512-920-5120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matt MontagneSands Investment Group Austin, LLCMore Info
512-920-5120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.