Net Lease Sheetz Property Profile and Cap Rates

Net Lease Sheetz – Typical Property and Lease Terms

 

Price Range:	$2M - $5M
Cap Rate:	4.85% - 5.25%
Net Income:	$100,000 - $250,000
Price Per foot:	$400 PSF - $800 PSF
Building Size:	4,500 SF - 6,500 SF
Lot Size:	2 Acres
Escalations:	10% Every 5-Years
Lease Term:	15 Years
Lease Type:	NNN
Credit Rating:	NR

 

Tenant Company Information:

Sheetz, Inc. is an American chain of convenience stores and coffee shops owned by the Sheetz family. The stores sell a mix of custom food, beverages and convenience store items. Nearly all of them sell gasoline. Its headquarters are in Altoona, Pennsylvania.[2] Stores are located in Pennsylvania, West Virginia, Maryland, Ohio, Virginia, and North Carolina.

A few locations are full-scale truck stops, including showers and a laundromat.

 

 

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