Property History
The Property benefits from its excellent accessibility to a large consumer draw, as it sits along PA Route 8 (22,000 vehicles per day) on the corner of the signalized intersection into the Clearview Mall. National and renowned retailers such as ALDI, Giant Eagle, Rural King, Dollar General, Advance Auto Parts, Texas Roadhouse, Wendy’s and Eat’n Park are within a mile from the premises, further driving customers to the area.
Sheetz is a family-owned convenience store chain headquartered in Altoona, PA. The company was founded in 1952 by Bob Sheetz and has continuously met the needs of its customers for more than 60 years. Sheetz was the first convenience store in Pennsylvania to sell beer, beginning in 2016. Now Sheetz is selling beer and wine at over 160 stores and more are added every month. Today, the company operates over 600 locations across Pennsylvania, West Virginia, Maryland, Ohio, Virginia and North Carolina. They are open 24/7/365 and feed everyone’s busy lifestyles. Whether you need breakfast to start your day, a family dinner in the car, or a 3am late night snack, Sheetz has you covered.
- This Corporate Sheetz location is operating on a Long-Term NNN Ground Lease with 10% rental increases beginning in the seven (7), five (5) year options that remain.
- The Property benefits from its large parcel size (2.57 acres) and excellent accessibility to a large consumer draw, as it sits along PA Route 8 (22,000 vehicles per day) on the corner of the fully signalized intersection into the Clearview Mall, with multiple points of ingress and egress.
- Sheetz was the first convenience store in Pennsylvania to sell beer, beginning in 2016. Now Sheetz is selling beer and wine at over 160 stores and more are added every month.
- Sheetz, which is open 24/7, is recognized by Fortune as one of the 100 Best Companies to Work For, has a dominant presence in western Pennsylvania and is 5+ miles away from their next closest store. The Property also features a drive-thru lane and a car wash.
- Butler, PA is a part of the Pittsburgh MSA, which includes more than 2.3 million people and the city of Pittsburgh has received numerous accolades such as: #1 city for starting a business (Kiplinger), #1 city that appeals to millennials (Apartment List), and #3 markets to watch (Urban Land Institute).
- National and renowned tenants such as ALDI, Giant Eagle, Rural King, Dollar General, Advance Auto Parts, Texas Roadhouse, Wendy’s and Eat’n Park are within a mile from the premises, further driving customers to the area.
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