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7-Eleven NNN Convenience Store

260 N Sherman Street, York, PA 17403

For Sale
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A corporate-leased retail property with scheduled annual rent increases and multiple renewal options.

Property Size2,361 SF
Lot Size0.64 Acres
Price / SF$2,412
Days on Market33

Property Features for 260 N Sherman Street

General Information

Standard status Active
Size 2,361 SF
Lot size 0.64 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $299,063

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants 7-Eleven, Inc.
Real Estate Included Yes

Additional Details

Cap Rate 5.25%
Convenience Store Yes

Building Details

Year Built 2007
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Brian Pfohl · License GA #349355
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 4:08PM

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 CBRE - Atlanta

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Investment Insights

Based on property information with market context.

This 2,361-square-foot convenience store occupies a 0.64-acre site in York, Pennsylvania. Built in 2007, the property is leased to 7-Eleven, Inc. The lease has approximately 13.2 years remaining through 12/31/2039, includes 1.04% annual rent increases, and provides five 5-year renewal options with continued annual increases.

Daily traffic counts are 9,920 and 14,136 vehicles. The surrounding trade area has 156,291 residents within 5 miles and an average household income of $100,777. The property’s site area, established tenant, lease duration, and renewal structure provide clear reference points for evaluating this convenience retail asset.

Key Highlights

  • 2,361‑square‑foot 7‑Eleven store on 0.64 acres
  • Lease to 7‑Eleven, Inc. runs through 12/31/2039, with approximately 13.2 years remaining
  • 1.04% annual rent increases and five 5‑year renewal options

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sunoco Gas Station Gas Station 7-Eleven Grocery & Convenience Store Western Union Bank GTR Corporate Office

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Pharmacy

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
6,283 visits/mo 0.0 miles
Dollar General Shops & Services
5,224 visits/mo 0.2 miles
7-Eleven Shops & Services
1,679 visits/mo 0.0 miles

Demographics for 17403, PA

40,344
Population
16,490
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
89%
High-School Grad
20.6 sq mi
ZIP Area
1,958
Density / Sq Mi
$72,233
Median Household Income
$38,105
Median Earnings
$1,072
Median Rent
$206,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
NNN property - A corporate-leased retail property with scheduled annual rent increases and multiple renewal options.
Where is this nnn property located?
The property is located at 260 N Sherman Street York, PA.
What is the asking price?
The asking price for this property is $5,696,434.
What are key features of this property?
This property features: 2,361‑square‑foot 7‑Eleven store on 0.64 acres; Lease to 7‑Eleven, Inc. runs through 12/31/2039, with approximately 13.2 years remaining; 1.04% annual rent increases and five 5‑year renewal options
(404) 504-7893 Call to check price and availability
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