LV Petroleum LLC

Due Diligence Manager

LV Petroleum LLC  •  Las Vegas, NV (Onsite)  •  30 days ago
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Job Description

Due Diligence Manager

Company: LV Petroleum LLC
Location: Las Vegas, NV (Corporate Headquarters)
Department: Corporate Real Estate / Legal / Acquisitions
Reports To: Senior Director of Real Estate or General Counsel
Employment Type: Full-Time, Exempt

About LV Petroleum
LV Petroleum is a rapidly expanding operator of travel centers, convenience stores, gas stations, and quick-service restaurants with 80+ locations across the United States. We specialize in acquisitions, development, and operations in the petroleum retail and hospitality sectors. Our aggressive growth strategy relies on a robust pipeline of commercial real estate transactions.

The Due Diligence Manager will lead and manage comprehensive due diligence processes for high-volume real estate acquisitions, dispositions, developments, financings, and lease transactions. This role is critical in identifying and mitigating risks, ensuring regulatory compliance, and supporting timely deal closings in a fast-paced, growth-oriented environment. The ideal candidate is detail-oriented, analytical, and experienced in commercial real estate, preferably within retail, petroleum, fuel, or hospitality sectors.

Key Responsibilities

  • Lead end-to-end due diligence for property acquisitions, dispositions, developments, and financings, including coordination of title reviews, ALTA surveys, zoning and entitlement analysis, environmental assessments (Phase I/II), property condition reports, and code compliance.
  • Prepare detailed due diligence reports, risk assessments, checklists, and summaries of findings to inform executive decision-making and transaction negotiations.
  • Coordinate with internal stakeholders (Legal, Finance, Operations, Construction, and Development teams) and external vendors (title companies, attorneys, surveyors, environmental consultants, appraisers, and lenders).
  • Support transaction execution, including review of purchase/sale agreements, lease documents (e.g., triple-net, ground leases), closing deliverables, and post-closing matters.
  • Identify, analyze, and mitigate legal, financial, operational, environmental, and regulatory risks associated with petroleum retail properties (fuel storage, environmental compliance, etc.).
  • Maintain and improve due diligence processes, templates, and databases to enhance efficiency in a high-velocity deal environment.
  • Ensure compliance with all federal, state, and local regulations relevant to commercial real estate, fuel operations, and land use.
  • Assist the In-House Legal team with title curative, easement negotiations, and resolution of due diligence issues.
  • Travel as needed (estimated 10-25%) to support site visits and key transaction meetings.

Requirements

Qualifications

Required:

  • Bachelor’s degree in Real Estate, Business, Law, Paralegal Studies, or related field (J.D. preferred).
  • 5+ years of progressive experience in real estate due diligence, commercial transactions, title examination, or related roles.
  • Strong knowledge of title commitments, surveys, zoning, environmental due diligence, and closing processes.
  • Proven ability to manage multiple complex projects simultaneously in a deadline-driven setting.
  • Excellent analytical, organizational, written, and verbal communication skills.
  • Proficiency in Microsoft Office Suite and real estate transaction software/tools.

Preferred:

  • Experience in retail, petroleum, convenience store, travel center, or hospitality real estate.
  • Background working with franchised operations (e.g., TravelCenters of America) or fuel-related properties.
  • Paralegal certification or real estate license.
  • Familiarity with high-growth acquisition pipelines.

Benefits

What We Offer

  • Competitive base salary + performance bonus
  • Comprehensive benefits package (medical, dental, vision, 401(k), paid time off)
  • Opportunity to play a key role in a rapidly expanding national brand
  • Collaborative, growth-oriented culture in Las Vegas

This is an excellent opportunity for a due diligence professional who enjoys the fast-paced travel center and retail fuel industry.

LV Petroleum LLC

About LV Petroleum LLC

LV Petroleum has previously specialized in the development and operations of gas stations and convenience stores in the Las Vegas market. The company has acquired and rehabbed or developed and then sold over 40 locations in the last 12 years.

LV Petroleum is an active operator of convenience stores and travel centers in several markets. They are currently operating 13 Conoco-branded C&G assets in the Las Vegas Metro area. The partnership is able to purchase unbranded fuel and sell it under a licensing agreement with Phillips 66, Gulf, Sunoco, 76 and Conoco and access the Conoco credit card network. They currently supply over one million gallons per month to 32 locations.

There is also a pipeline of 20 new sites that will open during 2023, 2024 and 2025.

This expansion includes gas stations + convenience stores and travel centers in Nevada, Arizona, Colorado and Kansas. LV Petroleum is the new identity for this collection of low price/high service gas stations, convenience stores and Travel Centers.

Industry
Retail & Ecommerce
Company Size
51-200 employees
Headquarters
Unknown
Year Founded
Unknown
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