1664 PA-228 | Cranberry Township, PA 16066
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- LoopNet Team
1664 PA-228
Cranberry Township, PA 16066
Sheetz | Cranberry Township PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Sheetz has 13+ years remaining on a 15 year NNN ground lease with the tenant responsible for all expenses
- The lease boasts a 3% increase in years 6 and 10, and 10% in each of the 7 options periods providing consistent yield growth
- Ideally situated within a dominant retail corridor with nearby tenants including S&T Bank, Lowe’s Home Improvement, Target, Staples, and LongHorn
- This Sheetz lease is corporately guaranteed by Sheetz Inc, one of America’s fastest growing convenience stores with over 700 convenience locations
- Excellent visibility facing Mars-Criders Road/PA-228 (25,701 VPD), with immediate access from an ingress/egress to the site
- Exceptional, affluent Pittsburgh MSA location & demographics - more than 81,000 residents within 5 miles of the property & AHI over $172,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,077 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.71 AC
Parking
43 Spaces
Frontage
264’ on Pennsylvania 228
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 130-4F44-35AJ-0000 | Improvements Assessment | $83,930 |
| Land Assessment | $10,060 | Total Assessment | $93,990 |
PROPERTY TAXES
Parcel Number
130-4F44-35AJ-0000
Land Assessment
$10,060
Improvements Assessment
$83,930
Total Assessment
$93,990
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