Stan Johnson Co. Arranges $9.4 Million Sale Leaseback of Convenience Store in Birmingham

Birmingham, Ala. — Stan Johnson Co. has arranged the sale leaseback of Pilot Travel Center, a 9,790-square-foot convenience store located at 901 Bankhead Highway West in Birmingham. Matt Lipson and Mike Philbin of Stan Johnson Co. represented the buyer, Brodersen Management Corp. Mountain Express Oil Co. sold the property for $9.4 million. Built in 1995, the property includes a Wendy’s quick service restaurant onsite.