Home Industries Real Estate Sturtevant travel center sold for more than $17 million

Sturtevant travel center sold for more than $17 million

820 S. Sylvania Ave. Image from Google Maps

A travel center in Sturtevant with a gas station, convenience store and multiple restaurants has been sold for $17.3 million, according to state records. The sale included the property at 820 S. Sylvania Ave., which is located right off of I-94 at the interchange with Highway 20. The two-story convenience store building has several tenants

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Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
A travel center in Sturtevant with a gas station, convenience store and multiple restaurants has been sold for $17.3 million, according to state records. The sale included the property at 820 S. Sylvania Ave., which is located right off of I-94 at the interchange with Highway 20. The two-story convenience store building has several tenants including Taco Bell, Dunkin', Krispy Krunchy Chicken, O&H Danish Bakery, Blue Badger Bar & Grill and Interstate Health. That 13-acre property also includes a TA Truck Service building and additional parking for semis. A 4.5-acre undeveloped property was also included in the sale, state records show. The properties have a combined assessed value of a little over $9 million, according to Racine County records. The properties were purchased by an affiliate of Blue Owl Real Estate Capital, a real estate investment trust based in Chicago. The seller was an affiliate of Somers-based Willkomm's, which is part of a family of companies that includes gas stations, car washes, truck and car parking and the Blue Badger Bar & Grill, among others. The buyer and seller did not immediately respond to requests for comment.

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