Monday, March 30, 2026

5. What Topeka Specifically Missed (The Recent Maverik Proposal) #mcre1

 A truck stop like a Maverik Adventure’s First Stop on a prime I-70 on/off-ramp site is a legitimate economic engine for a community — especially in a logistics-heavy state like Kansas. These facilities don’t just sell gas and snacks; they generate direct jobs, steady tax revenue, supply-chain spending, and multiplier effects that ripple through local businesses. Below is a data-driven deep dive based on industry reports, comparable examples, and Maverik’s own scale. I’ll also tie it directly to Topeka’s recent experience with the proposed Maverik project.

1. Direct Economic Contributions (Jobs + Local Spending)

Modern truck stops/travel centers typically employ 50–100+ people per location in full-time roles (cashiers, food prep, maintenance, managers, security).

  • A single Love’s Travel Stop in Dickinson County, KS (I-70 corridor) created 60 new jobs when it opened.
  • Construction phase adds another 50–100 temporary jobs and millions in local contractor spending.

Ongoing operations drive driver and traveler spending: Long-haul truckers (who stop for fuel, food, showers, and rest) spend $50–200+ per visit on non-fuel items. With thousands of daily vehicles on I-70, this adds up fast.

2. Tax Revenue and Fiscal Impact

Truck stops generate significant sales tax, property tax, and fuel-tax collections that flow to cities, counties, and the state.

  • Nationally, the truck-stop/travel-center industry contributes over $22.5 billion in taxes annually (NATSO data). A single high-traffic site can produce $500,000–$2 million+ per year in combined local/state taxes, depending on volume.
  • Fuel sales alone (diesel + gasoline) trigger excise taxes that fund roads and infrastructure — Kansas benefits directly from I-70 traffic.
  • Property taxes on a 10-acre developed site rise dramatically once built (from farmland/agricultural rates to commercial). One Maverik project document referenced a total economic impact of $403.3 million tied to its operations (likely company-wide or for a cluster of sites, but illustrative of scale).

For a freeway-adjacent site like your parcel, the location maximizes capture of interstate traffic. I-70 is a major freight corridor; sites right at exits see 10,000–50,000+ vehicles daily, turning into reliable revenue even in slower economic periods.

3. Multiplier Effects and Broader Community Benefits

The “multiplier” (every $1 spent at the truck stop generates $1.50–$3+ elsewhere) comes from:

  • Supply chain: Food suppliers, fuel distributors, maintenance vendors, and laundry services buy locally.
  • Nearby businesses: Hotels/motels, restaurants, and retail see overflow from drivers needing overnight stays or extended breaks.
  • Tourism & local traffic: Clean, modern stops (Maverik’s BonFire fresh-food model + adventure branding) attract families and RVs too, boosting weekend and leisure spending.
  • Freight economy support: Reliable truck parking/fueling keeps Kansas’s logistics sector competitive (Topeka sits at the crossroads of I-70 and other routes).

Studies from NATSO and state economic development offices consistently show travel centers as net-positive for rural or suburban exits — they revitalize underused land, increase surrounding property values modestly, and rarely displace existing retail when properly zoned.

4. Maverik-Specific Numbers and Performance

Maverik (Adventure’s First Stop) is privately held under FJ Management, so exact per-store sales aren’t broken out publicly. Here’s what reliable sources show:

  • Company scale: 800+ locations across 20 states (post-2023 Kum & Go acquisition that doubled its footprint for ~$2.25 billion).
  • Parent revenue: FJ Management (Maverik’s owner) reported $7 billion in recent annual revenue.
  • Industry benchmarks for similar stores: High-performing modern travel centers average $2.4 million+ in non-fuel (“inside”) sales per year, plus millions more in fuel volume. Maverik’s focus on fresh BonFire food, clean facilities, and rewards programs drives higher dwell time and spend than traditional gas stations.

A well-placed Maverik on an I-70 ramp (like the one proposed for Topeka) would sit in the upper tier of that range because of steady interstate traffic + Kansas’s freight volume. Comparable sites often hit $10–20 million+ total annual revenue (fuel + inside sales).

5. What Topeka Specifically Missed (The Recent Maverik Proposal)

In 2025, a Maverik project near I-70 and Fairlawn (6th Street area) went before Topeka’s planning commission. Neighborhood concerns about traffic led to recommendations that eliminated diesel pumps and a weigh station — effectively turning a full truck stop into a limited car/RV fuel site. The rezoning was sent back to city council with those restrictions.

That decision removed the high-margin diesel/truck component that drives the biggest economic returns.

  • Lost opportunity: 50–60+ direct jobs, hundreds of thousands in annual tax revenue, and the multiplier spending from truckers who would have supported nearby hotels, restaurants, and services.
  • The parcel you’ve been visualizing (right off I-70 with easy on/off access) is exactly the type of “shovel-ready” highway site economic developers chase. Kansas already benefits from Love’s and other stops along I-70; adding a Maverik-style facility would have layered on modern food/service amenities that attract even more traffic.

Communities that embrace these projects (with proper traffic mitigation) see measurable gains: more local employment, stronger sales-tax collections without raising rates, and a boost to the logistics sector that keeps Kansas competitive for distribution/warehousing jobs.



Bottom line: Canceling or heavily restricting a Maverik truck stop on a perfect I-70 site isn’t just missing a gas station — it’s forgoing a multi-million-dollar annual economic contributor that pays for itself many times over in jobs and taxes. Other Kansas towns have welcomed similar developments and seen the upside. If the city revisits the idea with data-driven zoning (e.g., separate truck routing), the parcel you highlighted could still deliver exactly that value.



Absolute NNN lease

 Executive Summary: Grandma Hoerner’s Foods – Premier Sale-Leaseback Opportunity

Grandma Hoerner’s Foods, Inc. is a 40-year-old, Kansas-based specialty food manufacturer with a proven track record of supplying premium jams, preserves, sauces, pie fillings, and private-label products to national retailers and distributors. Headquartered in a modern, owner-occupied facility at 31862 Thompson Road, Alma, Kansas (directly on I-70 with excellent logistics access), the company is experiencing strong growth following a successful turnaround.

After navigating prior-year revenue softness and 2025 tariff-related margin pressure, Grandma Hoerner’s has stabilized costs through pricing adjustments and secured major new private-label awards with ALDI, Trader Joe’s, Buc-ee’s, UNFI, and others. This has driven 50% top-line growth in 2025 (to $12.0 million) and positions the company for ~40% additional growth in 2026, with Q1 2026 revenue already exceeding $4.17 million. The 2026 forecast shows $17.0–17.8 million in revenue and $950,000+ in EBITDA. Strategic initiatives outlined in the company’s growth roadmap project $35.5 million in revenue by 2027, fueled by new packaging formats (pouches, plastic squeeze bottles, small-format specialty jars), expanded channels (foodservice, club stores, e-commerce), and incremental private-label volume.

The company owns its state-of-the-art production facility (reflected in fixed assets with building & improvements at $1.44 million gross and net fixed assets of $1.42 million as of 12/31/2025). A triple-net (NNN) sale-leaseback is the ideal capital solution: it unlocks immediate liquidity from the real estate (well in excess of book value given location, infrastructure, and expansion-ready site), allows the company to pay down high-interest debt (total liabilities $5.73 million, negative equity position), fund capex for new lines (pouch equipment, fillers, labelers), and support working-capital needs—all while retaining 100% operational control under a 40-year NNN lease with annual escalators and renewal options.

Why this is a standout sale-leaseback credit:

  • Proven operator with sticky revenue: Once approved as a private-label supplier, retention and expansion are “far less challenging” (per company materials). Major partners include Costco, TJX Companies, World Market, Albertsons, Sprouts, KeHE, and more.
  • Diversified, high-margin product portfolio: Branded lines (Grandma Hoerner’s™, Big Slice Apples™, McCoy’s Real™) plus private-label and co-manufacturing across fruit spreads, bacon jams, pepper jellies, pie fillings, salsas, BBQ sauces, organic reduced-sugar items, and more.
  • Certifications that open doors: USDA Organic, Non-GMO Project Verified, FSSC 22000, Made in USA, From the Land of Kansas.
  • Scalable manufacturing: 40,000+ units per shift, hot-fill glass jars (8–40 oz), flexible small-batch/high-volume capability, ongoing equipment investments.
  • Clear use of proceeds: Debt reduction + growth capex = stronger balance sheet and accelerated EBITDA.
  • Location advantage: I-70 frontage ensures low-cost national distribution.

A sale-leaseback here delivers immediate cash to fuel 2× revenue growth, a credit tenant with national brand recognition, and a modern food-grade facility in a logistics-friendly location—creating a compelling, low-risk investment with strong residual value and upside from the tenant’s expansion.

Contact for this Triple-Net Sale-Leaseback Henry McClure 785-383-9994 mcre13@gmail.com




Maverik Adventure's First Stop stores follow a modern, customer-focused prototype design that emphasizes an open, airy interior, strong sightlines for security (from the point-of-sale counter), and a strong "Adventure's First Stop" theme with immersive outdoor-inspired murals, wood accents, and vibrant graphics. Newer stores typically range from about 4,400–6,000 sq ft for the convenience store building itself, with total site development often on 3–10+ acres depending on truck/RV amenities.

Typical Store Interior Layout

  • Entry and Customer Service: The point-of-sale counter is positioned near the main entrance for quick greetings by staff ("Adventure Guides") and excellent visibility across the store to deter theft.
  • BonFire Grill (Food Service): This is front-and-center upon entry — an open kitchen/prep area where customers can see fresh food being made daily (burritos, sandwiches, wraps, pizzas, salads, mac & cheese bowls, smoked meats, etc.). It creates an immediate "fresh food" impression rather than hidden back-of-house prep.
  • Beverage and Cold Sections: Large beverage coolers, extensive soft drink and coffee fountains, and nitro/bean-to-cup options are prominent.
  • Merchandise and Essentials: Well-stocked shelves for snacks, travel items, camping gear, beer/wine (where allowed), and convenience goods. The layout flows logically from food → drinks → general merchandise.
  • Seating: Indoor seating areas (tables/chairs) plus outdoor picnic/seating zones adjacent to entrances.
  • Back-of-House: Employee hallways provide efficient access to kitchen, storage, restrooms, and restocking without disrupting the customer experience. Restrooms are known for being exceptionally clean and well-maintained.
  • Theming: Murals and wallpaper feature adventure/outdoor scenes (local landscapes, wildlife with fun twists, maps, etc.) to bring the "outdoors in." Timber/wood looks are standard, creating a warm, rugged lodge-like feel rather than sterile c-store vibes.

The overall flow is designed to be spacious and intuitive, encouraging longer dwell time for food and drinks while keeping quick-grab items accessible.

Site Layout and Exterior (Especially Truck-Friendly Versions)

For locations with truck/RV capabilities (like the larger ones in your area of Kansas or similar highway sites):

  • Fueling: Multiple canopies with 20–30+ pumps total. Separate or dedicated diesel lanes/truck islands for semis, plus standard gas pumps. Some include high-speed commercial islands.
  • Parking and Circulation: Ample paved parking (often 50+ spaces), organized truck parking rows for 18-wheelers, car/RV areas, and good internal loops for easy in/out flow. RV dump stations and water fill are common on truck-oriented sites.
  • Building Placement: The store is usually positioned for strong highway visibility, with the BonFire signage and large windows prominent. Entrances often face the fuel forecourt or parking.
  • Additional Amenities: Landscaping, outdoor seating/picnic areas, and sometimes dedicated truck scales or bays. Sites are designed with right-in/right-out or full-access driveways depending on local roads, prioritizing safe truck maneuvers.
  • Example Sizes: A typical truck-friendly build might include a ~5,982 sq ft store + canopies on ~9–10 acres (very close to your parcel size), with 31+ fuel positions and 50+ parking spaces.

Your current rendering already captures the spirit well — a compact, highway-visible Maverik with prominent red/black branding, fuel canopies, BonFire elements, and truck/car parking. It aligns nicely with their real prototypes: open site flow, visible food service, and adventure-themed appeal that stands out to travelers on I-70.