CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this newly built ±6,139-square-foot Sheetz convenience store and fuel center located in West Carrollton, Ohio, within the Dayton MSA. Completed in June 2025, the Property features Sheetz’s modern prototype design with a 24-hour Made-to-Order drive-thru and sits on a 1.64-acre parcel, providing an investor with a newly constructed asset featuring zero deferred maintenance and nearly the entire primary lease term remaining.
The Property is subject to a 15-year corporately guaranteed absolute NNN ground lease with more than 13 years of remaining primary term and a potential 50-year term through one 10-year and five 5-year renewal options. The lease features 10% rental increases every five years throughout the initial term and all six renewal options, providing built-in rental growth throughout the lease term. Sheetz is responsible for all taxes, insurance, utilities, and maintenance, resulting in zero landlord responsibilities and truly passive ownership.
The lease is guaranteed by Sheetz, Inc., one of the nation’s fastest-growing convenience store chains, with 800+ locations across six states and approximately 27,000 employees. In 2025, Sheetz generated more than $11 billion in revenue and ranked #27 on Forbes’ list of America’s largest private companies, underscoring the financial strength of the corporate guarantor and the durability of the investment.
The West Carrollton location represents Sheetz’s 10th Dayton-area store and reflects the tenant’s continued expansion throughout western Ohio and the broader Midwest. Sheetz has accelerated its growth strategy in recent years and recently announced plans to develop approximately 100 locations across Indiana over the next decade, further demonstrating the company’s commitment to continued growth and market expansion.