8180 Perry Hwy - Convenience Store FOR SALE
Erie, PA 16509 |
8180 Perry Hwy
Erie, PA 16509
HIGHLIGHTS
- Irreplaceable casino-front location directly at the entrance of Presque Isle Downs & Casino, delivering strong, year-round customer traffic.
- Top-performing, corporately guaranteed Sheetz with $14B+ in revenue, 800+ locations, and a newly extended 20-year lease after 14 years of operation
- Passive absolute-net ground lease featuring scheduled rent increases (5% in Year 11, 10% in Year 16, and 10% in each option period).
- High-visibility interchange site off I-90 and Perry Highway with exposure to 75,000+ VPD, serving casino patrons, travelers, and local residents.
- Established hospitality and QSR cluster with multiple national hotels and quick-service dining options surrounding the property.
- Modern full-service Sheetz prototype with fuel, EV charging, and car wash on a 1.89-acre parcel within a dense, high-income, tourism-driven trade area
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Sheetz
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
6225
STORIES
1
YEAR BUILT
2012
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
40-010-056.0-015.00
