Asking Price
Area Size
NOI Net Operating Income
Cap Rate

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2021
Building Area Gross
Land Area Gross ()
Occupancy 100.0 %

Property description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer a freestanding Sheetz ("The Property"), located in Monroe County, PA, just minutes away from Mount Pocono and Camelback Mountain. The Property offers convenience and gas pumps located along a signaled intersection at PA Route 611 (+25,000 VPD) and Discovery Drive. Sheetz commenced operations in 2021 with a 15-year initial term and Seven (7), Five (5) year options remaining.

Investment highlights

Brand New 2021 Construction

  • Opened in July 2021
  • First Sheetz location in Monroe County

Absolute 15-Year NNN Ground Lease 

  • 10% Increases in option periods only

Family Owned Convenience / Gas Store Serving a Loyal Consumer Base 

  • Sheetz has over 625 stores, with nearly half of their stores located in Pennsylvania
  • Sheetz built 30 new stores in 2021 and targets a net store growth of 5%per year

Signaled Intersection with Dedicated Turn Lanes along Heavily Trafficked PA Route-611

  • Over 25,000 VPD along Route 611

Proximate to Strong Economic Demand Drivers 

  • Camelback Resort, Mount Airy Casino, Great Wolf Lodge, Sanofi Office Headquarters (across the street) all within 10-miles to the subject
Last Updated Date: 11 Aug 2022

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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry, providing information such as our services and events.

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Last Updated Date: 11 Aug 2022

Do you have any questions?  Visit our FAQ page

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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