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Sheetz 300 Racetrack Rd

3,130 SF Retail Building Washington, PA 15301 $4,067,107 CAD ($1,299 CAD/SF) 5% Cap Rate

Retail Space Pennsylvania Washington 300 Racetrack Rd, Washington, PA 15301

Investment Highlights

  • Prime signalized corner location with exclusive access to Hollywood Casino at the Meadows, a top-tier national hotel/casino.
  • Corporate guarantee from Sheetz, Inc., the 27th largest private company with $14B+ revenue in 2023.
  • Situated in a dense, affluent, and growing submarket with strong demographics and a built-in customer base from adjacent hotels.
  • Absolute-net ground lease requires no landlord management, ensuring passive ownership.
  • Over 10 years remaining on the lease with 10% rental increases in seven renewal options.
  • Surrounded by national retailers and accessible via high-traffic routes, ensuring excellent visibility.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,130 SF
Building Class
B
Year Built
2019
Price
$4,067,107 CAD
Price Per SF
$1,299 CAD
Cap Rate
5%
NOI
$203,355 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.78 AC
Parking
44 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
203 ft on Racetrack Rd

Amenities

  • Signage

Links

1 of 1

Nearby Major Retailers

Starbucks
WW
Waffle House
Planet Fitness
Tim Hortons

PROPERTY TAXES

Parcel Number 5200110000001609 Improvements Assessment $1,658,406 CAD
Land Assessment $1,084,988 CAD Total Assessment $2,743,395 CAD

PROPERTY TAXES

Parcel Number
5200110000001609
Land Assessment
$1,084,988 CAD
Improvements Assessment
$1,658,406 CAD
Total Assessment
$2,743,395 CAD
(215) 603-6914

Contacts

  • Listing ID: 34300637

  • Date on Market: 2024-12-27

  • Last Updated:

  • Address: 300 Racetrack Rd, Washington, PA 15301

The Retail Property at 300 Racetrack Rd, Washington, PA 15301 is currently available for sale. Contact CBRE, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Sheetz | 300 Racetrack Rd
(215) 603-6914 x

Sheetz | 300 Racetrack Rd

1/2

Matthew Gorman

(215) 603-6914

(215) 603-6914

Thomas Finnegan

(610) 945-7643

(610) 945-7643

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