Sheetz
1518 N Main Street Ext Butler , PA 16001-1546

Sheetz - retail for sale

2.57 ac
Retail --Single tenant/Standalone Sale/Purchase
USD $2,075,547

Description

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JLL is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant, full NNN ground lease property leased to Sheetz (the “Property”) in Butler, PA, which is 27 miles north of Pittsburgh and a part of the city’s MSA. Sheetz is operating on a 15-year NNN Ground Lease with attractive 10% rental increases beginning in the seven (7), five (5) year option periods. Each Sheetz lease has a corporate signature, as there are no franchisees. Sheetz dominates the Western Pennsylvania convenience store sector and has a very strong following as they provide gas, car washes, and deliver made to order meals through their drive-thru. 


The Property benefits from its excellent accessibility to a large consumer draw, as it sits along PA Route 8 (22,000 vehicles per day) on the corner of the signalized intersection into the Clearview Mall. National and renowned retailers such as ALDI, Giant Eagle, Rural King, Dollar General, Advance Auto Parts, Texas Roadhouse, Wendy’s and Eat’n Park are within a mile from the premises, further driving customers to the area.

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