CJ Wallowitch of Equity Retail Brokers Arranges the Sale of Net-Leased Sheetz in Blair County, PA

CJ Wallowitch of Equity Retail Brokers Arranges the Sale of Net-Leased Sheetz in Blair County, PA

Plymouth Meeting, PA, January 14, 2020 – CJ Wallowitch of Equity Retail Brokers arranged the sale of a net-leased Sheetz convenience store located in Blair County, PA. Prior to the sale, CJ negotiated a 15-year lease extension with Sheetz. The marketing of this property commanded strong interest from net-leased investors and 1031 buyers and ultimately traded within 98% of the asking price.

Sheetz, Inc. is an American chain of convenience stores and coffee shops owned by the Sheetz family. The stores sell a mix of fast food and convenience store items, and nearly all of them sell gasoline as well. Its headquarters are in Altoona, Pennsylvania.

Equity Retail Brokers’ Investment Sales division has a national network of buyers and sellers for a variety of retail property types, from single tenant NNN properties to power centers. If you would like more information about this transaction or our investment sales services, please contact CJ Wallowitch, 484.482.2543, cjwallowitch@equityretailbrokers.com.

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January 14, 2020