Ep 37: The Truck Stop Advantage: A Case Study on Cap Rates, Cash Flow, & Tax Benefits

Check out this episode of the HIG Podcast! MattyP and Bronson Kaufusi are joined by gas station and truck stop expert Chuck Matheny to break down the lucrative world of truck stop real estate.

The team unpacks their unique strategy behind a standout Harris Investment Group deal that achieved a 10%+ cap rate, refinanced to a 6.5% interest rate, and delivered over 10% cash-on-cash returns. You’ll also hear about how absolute triple-net leases and accelerated depreciation can significantly enhance investor cash flow and long-term wealth.

Key discussion points include:

The Atkins TA Center Case Study

• How HIG secured a 10% going-in cap rate, refinanced from a 7.5% loan to 6.5% with a 25-year amortization, and boosted cash-on-cash returns to 10%+.

The Value-Add Strategy

• Why operator quality matters, plus the site improvements that drove revenue and value—including 150 new truck parking spaces, a new repair shop, and the addition of popular and in-house food concepts like Sbarro Pizza and Miss Daisy’s.

The Tax Advantage

• How new tax laws enable 200%+ bonus depreciation, generating a $2M+ first-year passive loss on a $1M investment (for qualified Real Estate Professionals)—on top of ongoing cash flow.

*This content is for informational purposes only. Investment opportunities are available exclusively to accredited investors pursuant to applicable securities regulations.