33674 Old Valley Pike, Strasburg, VA 22657

BRAND NEW CONSTRUCTION | ABSOLUTE NNN GROUND LEASE
Rent is scheduled to commence in April 2026, with the brand-new Sheetz store slated to open the following month in May 2026. The property is being built to Sheetz’s latest corporate prototype and will operate under a 15‑year absolute NNN ground lease with seven (7) five‑year renewal options. Sheetz is responsible for all taxes, insurance, and maintenance, providing investors with a truly passive, management-free ownership structure upon opening.

ATTRACTIVE RENT GROWTH | CORPORATE GUARANTEE
The lease features 10% rent increases every five years throughout the base term and all option periods, a structure that is more favorable than many Sheetz leases, which often have delayed escalations or flat rents throughout the base term. The lease is corporately guaranteed by Sheetz, Inc., one of the largest privately held convenience store operators in the U.S., with 800+ locations and approximately $11 billion in annual revenue.

OVERSIZED PARCEL WITH INTERSTATE VISIBILITY
Situated on an oversized ±3.11-acre parcel with 43 parking spaces, the site offers excellent visibility from Interstate 81 and Old Valley Pike. The property sits at the entrance to multiple residential communities and is surrounded by complementary retail, lodging, and medical uses that support strong daily traffic and fuel demand.

GROWING RESIDENTIAL BASE SUPPORTS LONG-TERM DEMAND
Strasburg continues to experience steady population and household growth, with projections of approximately 0.9% annual growth through 2030 across the 3-, 5-, and 7-mile trade areas. Recent development includes the fully sold-out Village at Cedar Creek Townhomes (2025), with additional projects such as Pleasant View Apartments and Skyline Ridge Townhomes planned—further strengthening the long-term consumer base.

PRIME I-81 INTERCHANGE LOCATION
The property is strategically positioned directly off I-81 (±60,000 VPD), serving as the primary gateway into Strasburg from the interstate. The location captures a diverse traffic mix of commuters, regional travelers, and local residents, while benefiting from limited nearby fuel and convenience competition, positioning this Sheetz as the dominant service stop for the corridor.