Flying J Travel Plaza 10501 N Us Highway 30

Marcus & Millichap is pleased to present for sale this Pilot Travel Center located at 10501 US Highway 30 in Cokeville, Wyoming. The town was named for the coal found in the area. It is served by the Cokeville Municipal Airport.
Pilot merged with Flying J in 2010 taking the name Pilot Flying J. In 2017, Warren Buffett-controlled Berkshire Hathaway acquired a 38.6% stake in Pilot Flying J and earlier this year increased their stake to 80 percent of the company. The remaining 20 percent of the company is owned by the Haslam family, the founders of Pilot Corporation, which has retained control of day-today operations.
The tenant recently signed a 20-year absolute triple-net lease with 10 percent escalations in rent every five years including the four 5-year rental option periods. The subject property built in 1999 is located on 8.484± acres with a 12,147 square foot store with 90 truck parking spaces, 11 diesel fuel lanes, 12 gas fueling stations and four showers.
Pilot is strategically located at the western boundary of Wyoming abutting Idaho and Utah. Positioned halfway between Salt Lake City, Utah and the ski resorts of Jackson, Wyoming and natural wonders of Yellowstone National Park and Grand Teton National Park draws both car and truck traffic through Cokeville. This placement proves to be beneficial as this location is within the top 12 percent of all gas stations and convenience stores for annual visits in Wyoming with 116,100 annal visits (Placer.ai).
Headquartered in Knoxville, Tennessee, Pilot Flying J is the largest operator of travel centers in North America with more than 750 locations throughout the United States and Canada. Pilot Flying J is one of the leading suppliers of fuel and the largest operator of travel centers in North America and the largest seller of over-the-road diesel fuel in the United States.