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Sheetz | State College, PA - Benner Pike 765 Benner Pike 6,077 SF Retail Building State College, PA 16801 $6,035,000 ($993.09/SF) 4.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime State College Location: Across from the new Happy Valley Casino and near Penn State University (88K+ students).
- Proven Tenant Commitment: Sheetz has operated here 25 years and rebuilt the site in 2019 with a modern 6K+ SF prototype.
- Strong Corporate Guarantee: Backed by Sheetz, Inc. ($14B+ revenue, 800+ stores), ranked #27 on Forbes’ largest private companies.
- Major Retail Hub: Surrounded by Walmart, Sam’s Club, ALDI, Tractor Supply, and other national retailers.
- Long-Term, Passive Lease: 20-year absolute-net ground lease with built-in rent increases and 50-year total potential term.
- Excellent Access & Visibility: High-traffic corridor near I-99, East College Ave, and dense regional retail.
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
Philosophers have been arguing about that question for years. “What exactly is a Sheetz? Where does it come from? Are we all a Sheetz?” It may surprise one to learn that the answer to all those questions is a resounding “Yes!” Sheetz is a one-stop solution for basically everything. It’s where customers refill on gas. It’s where they pick up dinner for the family, or grab a late night snack to eat in their car while listening to a podcast. It’s where they meet their friends after the football game. It’s where they go when they have their “uh oh, forgot to pack that” moment. It’s the cleanest bathroom this side of Oz. It’s all of those things, and it’s accomplished with a smile and an unmatched level of convenience. Sheetz now spans across multiple states, and their footprint is only expanding. But they’ve never lost their core values, and they’re always staying true to their roots.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-002B-080-0000 | Improvements Assessment | $416,330 |
| Land Assessment | $274,500 | Total Assessment | $690,830 |
PROPERTY TAXES
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Sheetz | State College, PA - Benner Pike | 765 Benner Pike
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