Auto Service - Gas-Conv
Sheetz | 15 Years Remaining | Pittsburgh MSA | Structured Increases!
640 Pike St, Meadowlands, PA 15347
Listing Price: $2,236,363
Investment Overview
The Tenant, Sheetz, Inc., is subject to a new 15-year NNN corporate ground lease with the store to open in August 2024. The lease features rental increases of ten percent (10%) in each of the seven, five-year option periods. Sheetz will operate in a 4,966 square-foot store with a drive-through and 10 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 Remaining | Pittsburgh MSA | Structured Increases!
Listing Price: $2,236,363
Investment Highlights
- 1.52-Acre Parcel off Interstate-79 (49,195 VPD)
- Growing Pittsburgh Metro with 62,454 Daytime Population Within 5-Miles
- Dominant Brand in the Pittsburgh Market with Limited Competition
Investment Overview
The Tenant, Sheetz, Inc., is subject to a new 15-year NNN corporate ground lease with the store to open in August 2024. The lease features rental increases of ten percent (10%) in each of the seven, five-year option periods. Sheetz will operate in a 4,966 square-foot store with a drive-through and 10 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
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