TA Petro Overview of SVC Leases and Financial Upside
TA Is A Leading Operator Of Full Service Travel Centers
Travel Center Portfolio Breakdown
TA.
181 Leased
(Avg. Maturity ~13 Years)
(Fixed and Percentage Rent) (1)
2
Other
179
SERVICE
PROPERTIES TRUST
Nasdaq: "SVC"
Onsite Amenities
Food Service
11
TravelCenters of America
270 Full Service Travel Centers
PETRO
Stopping Centers
51 Owned
36 Franchise
Operated Sites
TA EXPRESS
2 Operated
for JVs
Store / Retail Services
Truck and Repair Services
234 Casual dining
restaurants
465 QSRS &
wide range of
Grab 'N Go
Fresh Food &
Premium Coffee
options
Data presented as of September 30, 2020.
(1)
Parking, Showers,
Tobacco, Lottery,
Driver & Cab
Retail & Scales
Premium Truck
Service Facilities
Roadside
Emergency & Call
Center Service
Leases do not include any base rent escalators. Percentage rent is calculated as 3.0% of the yearly increase in non-fuel revenue over applicable base year (2012 for 35 properties, 2015 for 138 properties, 2017 for 2 properties, 2019 for 3
properties, and 2020 for 1 property) non-fuel revenue, plus 0.5% of the yearly increase in non-fuel revenue over 2019 base year non-fuel revenue.
Stopping Centers
TA PETRO TAEXPRESSView entire presentation