Auto Service - Gas-Conv
Sheetz | 15-Years Remain | Low Market Rent Rate
10499 Campbell Blvd, Baltimore, MD 21220
Listing Price: $5,028,571
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 a rental increase of 7.5 percent in year six, and 10 percent every five years thereafter. Sheetz will operate in a newly constructed 5,027-square-foot store with indoor and outdoor seating, drive-thru, and 8 fueling pumps. The Tenant is making a significant investment into construction of this site providing additional security to the offering.
Exclusively Listed By
Financing By
Auto Service - Gas-Conv
Sheetz | 15-Years Remain | Low Market Rent Rate
Listing Price: $5,028,571
Investment Highlights
- 15-Year Ground Lease with Increases Every 5 Years
- 1.85-Acre Signaled Corner Parcel to 26,264 VPD
- Low Rental Rate in Quality Market
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 a rental increase of 7.5 percent in year six, and 10 percent every five years thereafter. Sheetz will operate in a newly constructed 5,027-square-foot store with indoor and outdoor seating, drive-thru, and 8 fueling pumps. The Tenant is making a significant investment into construction of this site providing additional security to the offering.
Exclusively Listed By
Financing By
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