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Court Orders Final Auction of Interstate 80 Truck Stop & Travel Mart in Colfax, IA through Nationwide Event


3-3-2008 - Tranzon Asset Advisors

Media Contact
Edward Durnil
Tranzon Asset Advisors
edurnil@tranzon.com

FOR IMMEDIATE RELEASE

Tranzon Asset Advisors, a national real estate auction firm, has been hired by a National Lender to auction foreclosed investment and commercial real estate across the USA. This auction event is creating incredible opportunities for buyers and brokers to capitalize on! One of those is located off I-80, just east of Des Moines in Colfax, IA.

Two high traffic locations with great visibility 15 miles east of Des Moines on I-80 with easy off/ easy on access. Both properties are perfect for investment offered separately or as a combination bid we welcome bidders to buy one property or both.

The first parcel is a modern 7,265 +/- sf BP branded convenience store with McDonald’s Restaurant as a tenant was built in 2001 is situated on 2.23ac. The second property features an 8,591+/-sf truck stop with truck lube/service facility on 3.19ac. Both properties feature excellent visibility from I-80 with high rise signs for BP and McDonald’s. Traffic counts at Exit # 155 exceed 35,000/day for 2006.

As the national economy has cooled the need for serious sellers and institutions to clear up excess real estate inventory has lead to innovative marketing, spearheaded by Tranzon member companies across the USA. This property is a part of a massive nationwide marketing campaign that features 14 commercial and investment properties from New Jersey to Utah. “This First Quarter Multi-Seller Auction event is proving to be the most efficient method to sell great properties, while maintaining local and regional focus” said Ed Durnil, CEO of Tranzon Asset Advisors. “If you are a buyer, investor, business or owner/occupant it’s going to be hard not to take a look at these properties”, he added.

Tranzon Asset Advisors, headquartered in Elizabethtown, KY, is a full-service real estate auction company and a member company of Tranzon, L.L.C., which is based in Richmond, Va. Founded in 2001, Tranzon L.L.C. has 14 independently owned and operated member auction companies that collectively have more than 25 offices coast-to-coast. The professionals working at Tranzon member companies specialize in providing real estate auction and accelerated marketing services to corporations, financial institutions, trustees, individuals and estates throughout the U.S. Tranzon member companies regularly conduct over 1,000 auctions and 2,500 property valuations per year, effecting in excess of three billion dollars in real estate per year.

For a complete list of auctions and sales or to learn more about Tranzon visit www.tranzon.com. Enter property number TAA-0812 for more information on this Auction.

 

 

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