6010 Derry St - Warehouse FOR SALE


Harrisburg, PA 17111
$3,036,000 USD
215-603-6914
6010 Derry St, Harrisburg, PA for Sale
$3,036,000 USD
Warehouse - FOR SALE
1/8
null | 5.5% Cap Rate

6010 Derry St
Harrisburg, PA 17111


HIGHLIGHTS

  • NNN ground lease, with the tenant responsible for all expenses and a 10% rental increase in each option period
  • The lease is corporately guaranteed by Sheetz, Inc., one of America’s fastest-growing convenience store chains with over 700 locations
  • Strategically positioned along Derry Street (18,899 VPD), a major roadway that runs directly into downtown Harrisburg, which is only 5.5 miles away.
  • Sheetz’s largest prototype on 2.44 acres, including an automated drive-thru car wash, situated on a signalized corner with entrances on both sides
  • Strong Retail Synergy - Located .7 miles from Swatara Square, a major shopping destination with 1.6 million visitors annually (via Placer.ai)
  • Dense population of 153,928 within a 5-mile radius, and affluent customer base, with an average household income of $105,077 within a 1-mile radius

OVERVIEW

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 6,276 SF Sheetz located on 2.44 acres in Harrisburg, Pennsylvania. The property operates under an absolute NNN ground lease, with Sheetz responsible for all expenses, ensuring a fully passive investment for the landlord. The lease includes a 10% rental increase in each option period, providing consistent income growth throughout the term. This high-performing location features Sheetz’s largest prototype, including an automated drive-thru car wash, which enhances its consumer appeal and revenue potential. The property sits on a signalized corner with entrances on both North 61st Street and Derry Street, offering excellent visibility and accessibility. With a high traffic count of 18,899 VPD along Derry Street and 48,922 VPD along Route 322, this site attracts significant commuter and customer traffic. The lease is corporately guaranteed by Sheetz, Inc., one of America’s fastest-growing convenience store chains, with over 700 locations and revenues exceeding $14 billion in 2023. Sheetz continues to expand, with plans to grow further into new markets, including Michigan. This location is situated in a prime, high-traffic corridor just 5.5 miles outside of downtown Harrisburg, surrounded by a strong regional retail base. The property is also adjacent to a McDonald’s, further boosting its visibility and customer draw. With zero landlord responsibilities, built-in rental escalations, and Sheetz’s commitment to the site, this investment offers long-term stability and potential for growth in an established market.

FOR SALE DETAILS

PRICE

$3,036,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sheetz

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.44

LAND SF

106,286

ZONING

-

APN/PARCEL ID

63-015-019

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.