CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 6,432 SF Sheetz on 5.238 acres in North Warren, Pennsylvania. The property features a true absolute NNN lease with 15 years of firm term remaining, requiring no landlord responsibilities—a fully passive investment. The lease includes 10% rental increases every 5 years in the option periods, ensuring consistent income growth.
This strong-performing location has been operating since 2012, and Sheetz recently extended its lease for another 15 years, reinforcing its commitment to the site. Unlike typical ground leases, this is a rare build-to-suit Sheetz, allowing for accelerated depreciation benefits that may enhance tax advantages (consult your tax advisor).
Positioned along Market Street (16,328 VPD), a key commercial corridor, Sheetz benefits from high visibility, five points of ingress/egress, and proximity to major retailers like Walmart and Lowe’s, ensuring steady customer traffic. It is also the only full-service convenience center in the area, offering made-to-order food, fresh coffee, beer and wine sales, free Wi-Fi, and 24/7 operations, making it the preferred stop for commuters and travelers.
The lease is corporately guaranteed by Sheetz, Inc., a top private company with 700+ locations, $14B+ in revenue (2024), and ongoing expansion plans.
With zero landlord responsibilities, strong tenant commitment, built-in rental escalations, and limited competition, this Sheetz investment offers long-term stability in an established market.