Auto Service - Gas-Conv
Sheetz | Large 3.128-Acre Parcel
US 360 & Bridgewood Rd, Midlothian, VA 23112
Listing Price: $5,999,999
Investment Overview
Sheetz occupies a prominent signaled corner parcel with three means of access and visibility to 57,900 vehicles per day along Hull Street and Bridgewood Road. The property is immediately across Hull Street from a high-performing Walmart Supercenter and The Home Depot anchored center, which according to geofencing data from Placer.ai, averages 3.7 million annual customer visits. It is positioned across Bridgewood Road from Bridgewood Crossing, anchored by a newly constructed BJ’s Wholesale and featuring Aldi, Vavoline and Dash In. The three big box retailers are of major benefit to the Tenant as they generate consistent daytime traffic, and natural synergy is created by the neighboring automotive users. This Sheetz location has near aligned curb-cuts with the Bridgewood Road entrance to Bridgewood Crossing.
Auto Service - Gas-Conv
Sheetz | Large 3.128-Acre Parcel
Listing Price: $5,999,999
Investment Highlights
- 15-Year Ground Lease with 10 Percent Increases Every Five Years
- 3.128-Are Signalized Corner Parcel to 57,900 VPD
- Implied Investment Grade Credit of Expanding 600+ Unit Operator
Investment Overview
Sheetz occupies a prominent signaled corner parcel with three means of access and visibility to 57,900 vehicles per day along Hull Street and Bridgewood Road. The property is immediately across Hull Street from a high-performing Walmart Supercenter and The Home Depot anchored center, which according to geofencing data from Placer.ai, averages 3.7 million annual customer visits. It is positioned across Bridgewood Road from Bridgewood Crossing, anchored by a newly constructed BJ’s Wholesale and featuring Aldi, Vavoline and Dash In. The three big box retailers are of major benefit to the Tenant as they generate consistent daytime traffic, and natural synergy is created by the neighboring automotive users. This Sheetz location has near aligned curb-cuts with the Bridgewood Road entrance to Bridgewood Crossing.
