Auto Service - Gas-Conv
Sheetz | 15-Years Remain | Pittsburgh, PA MSA | Challenging Assemblage of 12 Parcels
N Main St, Houston, PA 15342
Listing Price: $4,386,731
Investment Overview
The Tenant, Sheetz, Inc., is subject to a new 15-year NNN corporate ground lease to commence in July 2024. The lease features rental increases of five percent (5%) every five years during the base term, and ten percent (10%) in each option period. Sheetz will operate in the company’s newest prototype with indoor and outdoor seating, and 12 fueling pumps. The Tenant is making a significant investment into construction of this site providing additional security to the offering.
Broker of Record
Financing By
Auto Service - Gas-Conv
Sheetz | 15-Years Remain | Pittsburgh, PA MSA | Challenging Assemblage of 12 Parcels
Listing Price: $4,386,731
Investment Highlights
- 1.54-Acre Signaled Corner Location at Town's Main & Main Intersection
- Growing Pittsburgh Metro; 3.4% Growth by 2027
- Implied Investment Grade Credit of Expanding 700-Unit Operator
Investment Overview
The Tenant, Sheetz, Inc., is subject to a new 15-year NNN corporate ground lease to commence in July 2024. The lease features rental increases of five percent (5%) every five years during the base term, and ten percent (10%) in each option period. Sheetz will operate in the company’s newest prototype with indoor and outdoor seating, and 12 fueling pumps. The Tenant is making a significant investment into construction of this site providing additional security to the offering.
Broker of Record
Financing By
