Lowest Cap Rate
4.60%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.38%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
5.10%
Average Cap Rate over previous quarter
Overview
Sheetz convenience stores are based out of Altoona, PA, with 634 locations across Pennsylvania, West Virginia, Maryland, Ohio, Virginia, and North Carolina. Known for their MTO (Made To Order) menu, prepared food, coffee and ability to provide gasoline makes Sheetz a safe investment, as they offer essential products and services. Sheetz locations are typically found at busy intersections with high visibility. 15 to 20 year leases with varying rent escalations are typical for Sheetz' NNN properties.
Property & Lease
Sales Price Range$1,500,000 - $4,000,000
NOI Range$100,000 - $200,000
Building SF5,000
Lease Term15 - 20 Years
EscalationsVaries
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
5.59
4.70
5.11
N/A
N/A
N/A
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
Recent Sales Comps
Springboro, OH5.62%
Gainesville, VA5.10%
Durham, NC5.00%
Top Consumer Traffic
Williamsport, PA1,700,200
Duncannon, PA1,700,100
Zion Crossroads, VA1,700,000
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
