An independent Travel Center Feasibility Study evaluating a travel center: fuel, convenience retail, and QSR in Castle Rock, Washington.
CASTLE ROCK, Washington — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Travel Center Feasibility Study in Castle Rock, Washington.
Wert-Berater served as independent feasibility consultant to the lender and CDC. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.
Feasibility analysis of a travel center combining branded fuel, convenience retail, and quick-service restaurant operations on the Interstate 5 corridor at Castle Rock, Cowlitz County — the I-5 gateway between Portland and Seattle traffic and the Mount St. Helens recreation draw — evaluated for SBA 504 financing.
Component-level revenue modeling across fuel gallons, inside sales, and QSR; corridor traffic capture analysis; and a complete 160-slide study supported by a 65-tab model in which every figure links to the assumptions tab — ten-year pro forma, sensitivity at ±5/10/15 percent, interest-rate stress, and the full ratio suite benchmarked against industry data.
SBA 504 structure: senior bank first mortgage, CDC debenture, and borrower equity injection, with fixed-asset eligibility and occupancy requirements confirmed under the program rules.
High-coverage deals carry their own analytical burden: a 3.12x Year 1 DSCR invites the question of whether the revenue model is too optimistic, so the study’s work was defending the fuel-volume and inside-sales assumptions against corridor traffic data and industry benchmarks — proving the coverage was earned by the site, not assumed by the model. Margin compression and competitive-entry scenarios left repayment capacity intact in every case tested.
Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed more than 4,000 engagements across all 50 states and internationally, evaluating over $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.
Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.
President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. More than 4,000 feasibility studies completed across all 50 states and internationally, evaluating $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.
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Schedule a ConversationIndependent feasibility studies since 1998 — 4,000+ engagements, $40.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.