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CHICAGO -- NRC Realty Advisors LLC, formerly known as National Real Estate Clearinghouse, has been retained to coordinate the sale of a full-service operating travel center. The center, located in Colfax, Iowa, will be sold through a sealed bid format. All bids are due on Sept. 14.
The travel center is approximately 20 miles east of Des Moines at the Northwest corner of I-80 and Route 117. The 5-acre site includes a McDonald's with a long-term lease, a c-store with gasoline and a truck lube and service center with diesel.
"Truckstops such as this are one of the most sought-after businesses in the petroleum convenience story industry," said Hope Mineo, NRC managing director.
NRC has prepared a color sales brochure and property-specific package containing store-level information and bidding terms of sale. Packets are $35 for a hard copy and $25 for a CD-ROM.