10029 U.S. 62
About This Property for Sale
Marketing description
Exceptional investment opportunity featuring a planned high-volume travel center with projected multiple revenue streams. The site has been verbally approved for conversion into a TA Travel Center and is projected to generate approximately 6.2 million gallons of diesel sales annually, 1.3 million gallons of gasoline sales annually, $1.3 million in convenience store sales, and $1.5 million in restaurant sales upon stabilization. The property also features new fuel lines and a new Veeder-Root system, providing a strong operational foundation. Offered unbranded, this opportunity allows a new owner to complete the TA conversion, negotiate favorable fuel supply terms, and maximize long-term profitability.
Its strategic location with easy access from I-40 at Exit 237 positions the site to capture significant interstate and commercial traffic.
Investment highlights
TA Approved Site
Projected Amounts post potential TA Conversion per feasibility study:
- 6.2 Million gallons of diesel sales annually
- 1.3 Million gallons per year
- $1.3 Million in annual Inside Sales
- Restaurant Income: $1.5 Million Sales per year in annual sales
New Fuel Lines: The property benefits from newly installed fuel lines, helping support operational reliability and reducing near-term infrastructure concerns for a new owner.
New Veeder-Root System: A new Veeder-Root fuel monitoring system has been installed, providing improved tank monitoring, fuel management, and operational oversight.
Unbranded Sale Opportunity: The property is being sold unbranded, giving a new owner flexibility to secure preferred fuel supply agreements, rebrand the location, or negotiate favorable terms with fuel distributors.
Multiple Revenue Centers: Income is supported by diesel, gasoline, convenience store sales, and restaurant sales, reducing reliance on one single revenue source.
Value-Add Potential: A buyer may have the opportunity to improve margins through branding, operational upgrades, vendor renegotiation, marketing, loyalty programs, and enhanced food-service strategy.
Established Customer Demand: The strong annual fuel and in-store sales indicate an existing customer base and significant traffic flow. Easy access from I-40 / Exit 237
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