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Auto Service - Gas-Conv

Sheetz | 15-Years Remaining | Pittsburgh MSA | Highway -Oriented Site

4875 University Blvd, Moon Township, PA 15108

Listing Price: $3,108,381

Cap Rate
5.25%
Tenant Name
Sheetz
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
4,959
Lease Type
NNN Ground Lease
Rent Per Square Feet
$32.91

Investment Overview

The Tenant, Sheetz, Inc., is subject to a new 15- year NNN corporate ground lease that commenced in August 2024. The lease features rental increases of 5% during the base term and 10% in each of the seven option periods. Sheetz operates in a newly constructed 4,959-square-foot store with indoor and outdoor seating, and six fueling pumps. The Tenant made a significant investment into construction of this site estimated at $6-8 Million providing additional security to the offering.

Investment Highlights

  • Highway Oriented Site ; Topographic Barriers to Entry
  • Proximate to University & International Airport
  • 2.75-Acre Signaled "T" Intersection

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Auto Service - Gas-Conv

Sheetz | 15-Years Remaining | Pittsburgh MSA | Highway -Oriented Site

Listing Price: $3,108,381

Cap Rate
5.25%
Tenant Name
Sheetz
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
4,959
Lease Type
NNN Ground Lease
Rent Per Square Feet
$32.91

Investment Highlights

  • Highway Oriented Site ; Topographic Barriers to Entry
  • Proximate to University & International Airport
  • 2.75-Acre Signaled "T" Intersection

Investment Overview

The Tenant, Sheetz, Inc., is subject to a new 15- year NNN corporate ground lease that commenced in August 2024. The lease features rental increases of 5% during the base term and 10% in each of the seven option periods. Sheetz operates in a newly constructed 4,959-square-foot store with indoor and outdoor seating, and six fueling pumps. The Tenant made a significant investment into construction of this site estimated at $6-8 Million providing additional security to the offering.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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