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Single-Tenant Convenience Retail NNN
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1518 Main, Butler, PA 16001

Fee simple interest in a Sheetz convenience store on a triple-net ground lease with 24-hour operation and drive-thru access.

Property Size4,000 SF
Lot Size2.57 Acres
Price / SF$550
Days on Market124

Property Features for 1518 Main

General Information

Standard status Active
Size 4,000 SF
Lot size 2.57 Acres
Property subtype RETAIL
Occupancy 100%

Site & Location

Traffic Count 22,600 vehicles/day
Road Access Yes

Amenities

drive-thru lane
on-site car wash

Building Details

Tenancy Single
Listing Agency: Forged Real Estate
Listed By: James Yi · License #RS345286
Source: Moodyscre
Added: May 12 Changed: Aug 14 Last Checked: Sep 11 at 10:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forged Real Estate

Investment Insights

Based on property information with market context.

Forged Real Estate is pleased to present the opportunity to acquire the fee simple interest in a single-tenant retail property leased to Sheetz. The property is occupied under a triple-net (NNN) ground lease with more than 5.5 years remaining on the base term and seven (7) five-year renewal options. Each renewal option features 10% rental increases.

The site is positioned at a signalized intersection of North Main Street and Mall Access Road, with approximately 22,600 vehicles per day (VPD) and direct exposure to commuter traffic and shoppers visiting the adjacent Clearview Mall. Multiple points of ingress and egress support site accessibility and traffic flow.

The property is built on a 2.57-acre parcel and includes a dedicated drive-thru lane and an on-site car wash, supporting a one-stop convenience experience. The store operates 24 hours per day. The annual rent is $110,004.

Key Highlights

  • Single‑tenant Sheetz fee simple interest with a triple‑net (NNN) ground lease
  • NNN lease has 5.5+ years remaining on the base term plus seven 5‑year renewal options with 10% increases
  • 24‑hour operation and both a dedicated drive‑thru lane and on‑site car wash

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Restaurant Pharmacy Hair Salon HVAC Service Real Estate Agency Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,600 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby
Under-served
Demand for This Use

Demographics for 16001, PA

40,085
Population
19,757
Households
2
Avg Household Size
46
Median Age
28%
College-Educated
94%
High-School Grad
75.8 sq mi
ZIP Area
529
Density / Sq Mi
$61,325
Median Household Income
$42,542
Median Earnings
$864
Median Rent
$191,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Fee simple interest in a Sheetz convenience store on a triple-net ground lease with 24-hour operation and drive-thru access.
Where is this grocery and convenience store located?
The property is located at 1518 Main Butler, PA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Single‑tenant Sheetz fee simple interest with a triple‑net (NNN) ground lease; NNN lease has 5.5+ years remaining on the base term plus seven 5‑year renewal options with 10% increases; 24‑hour operation and both a dedicated drive‑thru lane and on‑site car wash
(215) 460-2603 Call to check price and availability
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