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16502 N State Rd 63 Covington, IN 47932

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For Sale
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17,349 SF Pilot Travel Center on 9.19-acre lot.

Type:Retail
Property size:
17,349 SF
Lot size:
9.19 Acres
Added:
Oct 31, 2025
Days on Market:
155
Last Refresh:
Mar 17 at 1:16 pm

Property Features for 16502 N State Rd 63

General Information

Standard status
Active
Size
17,349 SF
Lot size
9.19 Acres
Property subtype
Retail

Building Details

Year Built
1996

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Listing Contact
Jesse Limon
Jesse Limon

Listing agent Jesse Limon License #NY 10401271892

Listing office Marcus & Millichap - Manhattan

Listing date Oct 31, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan


Overview

Pilot Travel Center For Sale

This commercial property features a 17,349 square-foot Pilot Travel Center situated on a 9.19-acre lot. The property includes ample parking, pylon signage, and convenient ingress and egress. The tenant, Pilot Travel Centers, is corporate guaranteed by Berkshire Hathaway and holds a BBB+ credit rating from S&P and a Baa3 rating from Moody’s. The lease has just under 17 years remaining, with 4 x 5-year options.
Location Intelligence

Current Use by Public Records

Truck stops

Suggested Use

Restaurant Auto Parts Store Department Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Veterinary Clinic Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Covington
County
Fountain
State
Indiana
Longitude
-87.452729
Latitude
40.124948

FAQs

What type of property is this?
Truck stop - 17,349 SF Pilot Travel Center on 9.19-acre lot.
Where is this truck stop located?
The property is located at 16502 N State Rd 63 Covington, IN.
What is the asking price?
The asking price for this property is $13,200,000.
What are key features of this property?
This property features: Corporate Guarantee by Berkshire Hathaway (BBB+ Credit Rating); Just Under 17 Years Remaining on Lease; **17,349 Square‑Foot Pilot Travel Center**
More about this property
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