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Sheetz NNN Ground Lease

967-993 Hedgesville Rd, Martinsburg, WV 25403

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A 20-year corporate lease includes scheduled rent increases and a newly built convenience store with fueling and drive-through service.

Property Size6,139 SF
Lot Size3.60 Acres
Price / SF$852.88
Days on Market41

Property Features for 967-993 Hedgesville Rd

General Information

Standard status Active
Size 6,139 SF
Lot size 3.60 Acres
Property subtype Retail

Site & Location

Traffic Count 25,538 vehicles/day
Highway Access Yes
Road Access Yes

Automotive

Automotive Uses fuel station
Convenience Store Yes
Fuel Brand Sheetz

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants Sheetz Inc.
Real Estate Included Yes

Amenities

drive-thru
indoor seating
outdoor seating
fueling canopy

Building Details

Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Cleveland
Listed By: Michael Glass · License WV WVB260301219
Source: Crexi
Added: Sep 30 Changed: Nov 9 Last Checked: Nov 9 at 2:04PM

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 Marcus & Millichap - Cleveland

Rey
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Investment Insights

Based on property information with market context.

Sheetz occupies a 3.6-acre parcel under a 20-year NNN corporate ground lease. The newly constructed 6,139-square-foot store includes indoor and outdoor seating, a drive-through, and a fueling canopy with 12 stalls. Lease terms provide for 10% rent increases every five years. The store opened on August 13, 2026, and the tenant is paying partial rent.

The property is at a signalized intersection on Hedgesville Road, 0.3 miles from the I-81 interchange. Reported traffic volumes are 58,683 vehicles per day on I-81 and 25,538 on Hedgesville Road. Nearby commercial and residential development includes a Wawa adjacent to the site and multiple housing communities within three miles. Five industrial facilities are also within one mile.

Key Highlights

  • 20‑year NNN corporate ground lease with 10% rent increases every five years
  • 3.6‑acre parcel with a newly constructed 6,139‑square‑foot store
  • Fueling canopy with 12 stalls, drive‑through, and indoor and outdoor seating

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office HVAC Service Restaurant Law Firm Building Supply

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

25,538 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Rutters Shops & Services
20,904 visits/mo 0.4 miles

Demographics for 25403, WV

15,316
Population
6,477
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
96%
High-School Grad
40.4 sq mi
ZIP Area
379
Density / Sq Mi
$82,190
Median Household Income
$50,633
Median Earnings
$1,381
Median Rent
$301,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - A 20-year corporate lease includes scheduled rent increases and a newly built convenience store with fueling and drive-through service.
Where is this nnn property located?
The property is located at 967-993 Hedgesville Rd Martinsburg, WV.
What is the asking price?
The asking price for this property is $5,235,849.
What are key features of this property?
This property features: 20‑year NNN corporate ground lease with 10% rent increases every five years; 3.6‑acre parcel with a newly constructed 6,139‑square‑foot store; Fueling canopy with 12 stalls, drive‑through, and indoor and outdoor seating
(216) 264-2050 Call to check price and availability
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