Tenancy: Pilot Flying J
Building Size: 15,500
Lease Expiration: 2038
Rental Increases: 10% Every 5-Years
- Trophy Pilot Flying J Ground Lease
- Corporately guaranteed lease by the Largest Travel Center Operator in North America
- Absolute NNN Ground Lease, zero landlord responsibilities
- 17 years remaining of initial lease term with four 5-year options
- 10% increases every 5-Years during primary term and options
- About Pilot Flying J
- 750+ retail & fueling locations in 44 states and 5 Canadian provinces.
- Employing 28K+ with 34+ new locations in 2022.
- $41.9+ Billion Revenue for 2022 (Forbes)
- Servicing 1.5 million guests per day & supplying 14 billion gallons of fuel per year
- Backed by Warren Buffet & Berkshire Hathaway
- 7th on Forbes list of America’s Largest Private Companies
- Employing 28K+ with 34+ new locations in 2022.
- New Horizons: Pilot’s 3-year, $1B investment to renovate 400 travel centers
- Partnered with GM & Volvo Group to Construct Truck EV Charging Stations Coast-To-Coast
- Hard Corner Location: 40k CPD intersection at Etiwanda Ave & Riverside Dr.
- Multiple Income Stream Property w/ amenities
- Fueling Stations, Wendy’s w/ drive-thru, Cinnabon, PJ-Fresh C-store, Western Union
- 107 Truck parking spots, 2 ATM’s, 9 on-site showers
