Sheetz

16590 Conneaut Lake Road, Meadville, PA

 

Offering Memorandum

Sheetz Absolute NNN Ground Lease

With 7 Acre Development Opportunity

Property Details

  • 9.4 Acre Parcel
  • Adjacent to an Aldi grocery store
  • 7 Acres behind Sheetz fully approved for a 60,000 SF shopping center with an outparcel

Investment Highlights

  • Sheetz: $2,800,000
  • Land with Entitlements: $1,200,000
  • Cap Rate: 5.47%
  • Current NOI: $153,060
  • NNN Ground Lease

Contact

CJ Wallowitch

484.482.2543
cjwallowitch@equityretailbrokers.com

Ken McEvoy

484.417.2226
kmcevoy@equityretailbrokers.com

Property Location

Sheetz

16590 Conneaut Lake Rd
Meadville, PA 16335