Eight Convenience Stores (Seller prefers to sell as a package) Large Travel Plaza including McDonald's and Subway Tobacco Outlet Store 2 Parcels of Development Land
Operating Travel Plaza plus adjacent development land available for optional purchase. All property is owned in Fee.
Travel Plaza Tenant Description
Rental Income at the Travel Plaza is generated by two tenants - McDonald’s and Subway. Both restaurants have corporate franchise leases. More details can be found in the CIM and in the VDR.
Development Parcel / Additional Assets
• Additional 12.88 acres on the northern border of the Travel Plaza (optional purchase).
Bidding Procedures and the Virtual Deal Room (VDR)
NRC, on behalf of the Seller, is seeking definitive offers for the Travel Plaza, with or without the development parcel, in accordance with the bid process described in the Confidential Information Memorandum (CIM). Offers are due to NRC no later than 5:00 p.m. Mountain Standard Time on Tuesday, December 10, 2019. Upon approval by the Seller of a prospective purchaser’s proposed offer, purchaser will be given access to the Virtual Deal Room (VDR) through e-mail invitation from NRC. The VDR will contain a copy of the CIM, together with various due diligence documents, including, but not limited to, historical store-level income statements, fuel supply agreements, environmental information and reports, title insurance commitments and documentation, surveys, permits and licenses, tax information, and certain other information.
In order to obtain a copy of the CIM, you must first sign the Confidentiality Agreement, which can be accessed and signed electronically from the link at the top of this page, a
Broker Information
NRC Realty & Capital of IA, LLC. Lic. #F05777000.
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