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24706969
24706979

1000 E Cheyenne Ave, North Las Vegas, NV 89030

Newmark - Las Vegas
Newmark - Las Vegas
SP
NV 174018
Newmark - Las Vegas
Listed by Newmark - Las Vegas
$25,000,000
325 days on market
Updated 28 days ago

Morton's Travel Plaza

Details
APN 139-114-03-005 & 139-114-03-002
Property Type Industrial, Land (+1)
Sub Type Convenience Store, Gas Station (+1)
Square Footage 17,438
Pumps 21
Broker Co-Op Yes
Year Built 1973
Year Renovated 2007 & 2010
Buildings 2
Stories 2
Acreage 15.260
Zoning M-2 (City of North Las Vegas)
Investment Type Owner/User

Morton's Travel Plaza - 15.26 AC Truck Stop on I-15 & Cheyenne - Owner/User or Redevelopment

Marketing description

Newmark is pleased to exclusively offer for sale Morton’s Travel Plaza, a rare, generational truck stop travel center operating continuously since 1973. Strategically located in North Las Vegas at the high-traffic, signalized intersection of Interstate 15 and Cheyenne Avenue, this 15.26-acre property represents a once-in-a-lifetime opportunity to acquire an irreplaceable logistics-oriented facility in one of the southwestern United States' most critical freight corridors.

Originally developed as a Husky Oil station and later rebranded as a Flying J, the property has been owned and operated under the Morton’s Travel Plaza name since the mid-1980s. It has evolved into a fully operational, income-producing asset featuring fuel infrastructure, multiple food service tenants, a full-service diner, and valuable gaming entitlements (SUP and license for 15 video poker machines). Naming rights are included in the sale, offering additional branding flexibility for new ownership.

The site benefits from unparalleled exposure to more than 218,000 vehicles per day, including an estimated 19,000 semi-trucks, at the critical junction of I-15 and Cheyenne Avenue. With seven ingress/egress points, three prominent pylon signs, and frontage along both Cheyenne Avenue and Losee Road, Morton’s offers seamless access and outstanding visibility. The plaza is uniquely positioned to serve the region’s booming logistics and distribution sectors, supported by Las Vegas' growing population, the expansion of nearby industrial real estate, and the continued rise in e-commerce-driven freight activity.

This offering presents owner-operators with the chance to acquire a historically significant, income-generating property in a highly supply-constrained segment of the market. Travel plazas of this scale, pedigree, and location rarely come to market, making Morton’s Travel Plaza a truly irreplaceable acquisition supported by enduring fundamentals and decades of proven performance.

Investment highlights

LONG-TERM OPERATIONAL HISTORY & GROWTH

SIGNIFICANT NOI INCREASE THRU POTENTIAL PARKING MONETIZATION

GENERATIONAL ASSET

PRIME/PROMINENT LOCATION

BYPASS THE BARRIERS TO ENTRY

Listing Contacts

Newmark - Las Vegas
Newmark - Las Vegas
SP
NV 174018
Newmark - Las Vegas
Listed by Newmark - Las Vegas

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Additional Information

Name
Lauren Tabeek, CCIM
License
74477
Brokerage Address
8488 Rozita Lee Ave.
Name
Michael Zobrist
License
70489
Name
Scott Price
License
174018
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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