Who We Are
| 
Newsroom
| 
S.L. Nusbaum Realty Co. Facilitates Purchase of First RaceTrac Travel Center Location in Virginia
S.L. Nusbaum Realty Co. Facilitates Purchase of First RaceTrac Travel Center Location in Virginia
September 2025
Richmond, VA (September 2025) – S.L. Nusbaum Realty Co. is pleased to announce the successful closing of RaceTrac’s first acquisition in Virginia for their new travel center format, marking the beginning of a series of planned developments with the national fuel and convenience store chain.
The property, which encompasses 6.03 acres, was purchased by Del Lago Investments, LLC, A Virginia Limited Liability Company from Greenlight Investments, LLC, A Virginia Limited Liability Company and is located at 1710 N. Mecklenburg Avenue in South Hill, VA. Larry Agnew and Sam Rapoport of S.L. Nusbaum Realty Co. facilitated the transaction, which was completed with a purchase price of $3,300,000. This site will serve as a key entry point for RaceTrac’s continued expansion into Virginia.
“This transaction is especially significant for us as it represents the first of many RaceTrac closings expected in 2026,” said Larry Agnew. “We appreciate the opportunity afforded to SLN’s Tenant Advisory Team to serve RaceTrac, Inc. in their continued expansion throughout the Commonwealth of Virginia.”
Sam Rapoport, who is assisting Agnew with RaceTrac deals in Hampton Roads, added: “RaceTrac is known for creating high-quality, full-service fueling and convenience destinations. This deal is just the start of an exciting pipeline of opportunities across the region.”
For additional information, please contact RaceTrac’s Exclusive Broker in Virginia: Larry Agnew, Vice President, lagnew@slnusbaum.com, 804.944.9262.
About RaceTrac:
Headquartered in Atlanta, Georgia, family-owned RaceTrac has been serving guests since 1934 and now operates over 800 convenience store/fueling locations of both the RaceTrac and Raceway brands in Alabama, Florida, Georgia, Indiana, Kentucky, Louisiana, Mississippi, Ohio, South Carolina, Tennessee, Texas and now, Virginia. Operating under the mission of making people’s lives simpler and more enjoyable, RaceTrac stores offer guests an affordable one-stop-shop featuring a wide selection of food and beverage favorites, as well as Swirl World frozen desserts, freshly ground, freshly brewed coffee and competitively priced fuel. For more information, please visit: racetrac.com
Join the Team
We are always looking for new team members. View our available positions
and see if you have what it takes to join our amazing work family.