80 Dixon Run Rd - Truck Stop FOR SALE


Jackson, OH 45640
$25,727,388 USD
786-566-1446
80 Dixon Run Rd, Jackson, OH for Sale
$25,727,388 USD
Truck Stop - FOR SALE
1/3
null | 7.85% Cap Rate

80 Dixon Run Rd
Jackson, OH 45640


OVERVIEW

We are pleased to present for sale this TravelCenters of America (TA) operated by LV Petroleum located at 80 Dixon Run Rd, Jackson, OH. The subject property is strategically located on US Route 35 with 14,682 vehicles per day. Within a 10-mile radius of the property there are 2.6 million square feet of industrial property with a low 0.9% vacancy rate and 1.3 million square feet of retail with a 1.7% vacancy rate. The guarantor, LV Petroleum, signed a 20-year absolute triple-net lease with 2 percent annual escalations in August of 2025. The subject property is situated on 21 acres with a 18,030 square foot store. Amenities at this location include Sbarro’s, Miss J’s Diner, Miss J’s Express, 6 Diesel Fueling Lanes, 150 Truck Parking Spaces, 4 Private Showers, Repair Shop with two full-service bays, Lounge/Game Area, Trucker Supply and a CAT Scale. LV Petroleum, the largest franchise operator within the TA system, has 90+ operating truck stops in 10 states, 19 gas stations (NV/AZ) and a pipeline of 15+ additional truck stops of both ground up builds or through acquisition and rebrand. They are franchisees for Sbarro, Rally’s, KFC, Einstein Bros Bagels, Krispy Krunchy Chicken, Del Taco, Dunkin, Charley’s and Black Bear Diner. In addition to retail operations, LV Petroleum operates a wholesale fuel distribution company that supplies 76, Philips and Conoco branded gasoline as well as unbranded fuels which supplies over one million gallons a month. Travel Centers of America is the largest publicly traded full-service truck stop and travel center company in the United States with 350+ locations in 44 states. The company operates full-service centers, convenience stores, and restaurants under the TravelCenters of America, TA, Petro Stopping Centers, TA Express, GOASIS brands. In May 2023, BP Products North America Inc., a wholly owned indirect subsidiary of BP plc acquired the company.

FOR SALE DETAILS

PRICE

$25,727,388 USD

PRICE/SF

$1,427 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.93 AC

LAND SF

911,711 SF

ZONING

-

APN/PARCEL ID

A01-003-00-001-01,A01-003-00-002-01

ASK ABOUT THIS PROPERTY

Ronnie IssenbergSurmountMore Info
786-566-1446

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Ronnie IssenbergSurmountMore Info
786-566-1446

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