Offered Without Supply, or Supply From Seller is Negotiable
Tenant Information
Tenant Rent Escalations
Each year beginning with year 2, annual rent becomes the greater of $60,000 or 5% of the prior year's sales. Total sales revenue for 7/1/2016 - 6/30/2017 were $1,094,145.
Property Comments
The subject property includes a 13,032 sf building that contains a convenience store with an Arby`s restaurant in the front section, as well as a trucker lounge, showers, and offices in the rear section. There are four gasoline MPDs under a 4,015 sf canopy and eight diesel MPDs under a separate 5,075 sf canopy in the rear of the property. The subject property also includes three parcels of excess land.
Video Gaming Information
Facility may be eligible for video gaming terminals after recently signed legislation that allows qualifying truck stops to house up to five VGTs. Applications will be accepted after May 7, 2018. Additional information can be found by visiting the PA Gaming Board at http://gamingcontrolboard.pa.gov/?p=289. Regarding gaming at truck stops in Pennsylvania, some industry experts estimate video gaming terminals might be able to bring in as much as $150,000 in new revenue per location.
Broker
NRC Realty & Capital Advisors of PA, LLC. Lic. #RB068189
LOGIN TO ACCESS ADDITIONAL INFORMATION AND DILIGENCE
