Ameer Adel & Jacob Luna Of Marcus & Millichap Facilitate Sale Of Pilot Travel Center In Central US
Building Size
20,000 SF
Asset Type
Retail
Closing
May 30, 2026
About this deal
AI
The transaction involved the off-market sale of a Pilot-branded Travel Center located in Central US, encompassing a total square footage of 20,000. The market for the asset reflects ongoing interest in retail properties catering to travel needs.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 20,000
- Date: 05/30/2026
- Brokers: Ameer Adel & Jacob Luna - Marcus & Millichap
- Market: Central US
Ameer Adel and Jacob Luna executed the transaction, showcasing their expertise within the travel center and truck stop sector. Their approach involved leveraging extensive industry relationships and utilizing a nationwide network of stakeholders to successfully navigate this off-market opportunity.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93