Auto Service - Gas-Conv
Sheetz | New 15 Year Lease | Frederick, MD | Gateway to New Residential Development
5822 Meadow Rd, Frederick, MD 21701
Listing Price: $5,094,340
Investment Overview
15-Year NNN Ground Lease Increases - The Tenant, Sheetz Inc., is subject to a 15-year NNN corporate ground lease. The lease features a rental increase of 5% in year 6, and 10% every five years thereafter beginning in year 11. Sheetz operates in a newly constructed 6,000-square-foot store with indoor and outdoor seating, drive-thru, and six fueling pumps that opened in August 2025. The Tenant is making a significant investment into construction estimated at $8-10 Million providing additional security to the offering.
Exclusively Listed By
Auto Service - Gas-Conv
Sheetz | New 15 Year Lease | Frederick, MD | Gateway to New Residential Development
Listing Price: $5,094,340
Investment Highlights
- 15-Year NNN Ground Lease with Every 5 Years
- 2.3-Acre Parcel at the "Gateway" to New Residential Cluster
- Directly Off I-70 with 82,000 VPD; Interstate Signage
Investment Overview
15-Year NNN Ground Lease Increases - The Tenant, Sheetz Inc., is subject to a 15-year NNN corporate ground lease. The lease features a rental increase of 5% in year 6, and 10% every five years thereafter beginning in year 11. Sheetz operates in a newly constructed 6,000-square-foot store with indoor and outdoor seating, drive-thru, and six fueling pumps that opened in August 2025. The Tenant is making a significant investment into construction estimated at $8-10 Million providing additional security to the offering.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
