Investment Highlights

NEW 15-YEAR ABSOLUTE NNN GROUND LEASE TO CORPORATE SHEETZ
» Absolute NNN ground lease requires no landlord management, ideal for an out of area investor
» 10% rental increases in option periods, providing an excellent hedge against inflation
» Sheetz is one of the largest privately owned chains of convenience stores in the U.S. with more than 600 locations and over $7.5B in annual revenue
» Sheetz is investing significant capital into the construction, providing a safe investment for passive investors

CENTRAL LOCATION IN WELL POPULATED AND GROWING AREA
» Located at the signalized corner of University Drive and Eberly Way, with excellent visibility and access to 21,344 vehicles per day at the intersection
» 72,058 residents live within a 10-mile radius of the property
» Projected 10% average annual household income increase within one-mile of the site in the next five years, poising Lemont Furnace and Sheetz for concurrent growth

EXCELLENT VISIBILITY NEAR LARGE EMPLOYERS, RETAILERS, AND COMMUNITY HUBS
» Beneficial proximity to Lemont Furnace’s largest shopping centers, including Uniontown Mall and Fayette Crossing
» Surrounded by a strong mix of local and national retailers, including Walmart Supercenter, Target, Lowe’s, The Home Depot, TJ Maxx, Big Lots, and many more
» Central location within the Laurel Highlands School District (2,973 students)
» Less than three miles from the Fayette County Fair Grounds (100,000 annual attendees), which hosts one of the largest fairs in Pennsylvania
» Gateway to Downtown Pittsburgh, the second-most populous city in Pennsylvania

NEW 2021 CONSTRUCTION TO TENANT’S LATEST PROTOYPE
» Location includes a freestanding restaurant with a drive-thru window and canopied gas pumps for added customer convenience
» Upgraded construction with brick façade

Property Description

SOLD
The property is strategically located at the signalized hard-corner of U.S. Route 119/University Drive and Eberly Way, with excellent visibility and access to 21,344 vehicles per day at the intersection. A total of 72,058 residents live within a 10-mile radius of the property, with an average household income of $72,915 within a one-mile radius. The site is also poised for significant future growth, with a projected 10% average annual household income increase within one-mile of the site in the next five years.

The property is centrally located near major employers and community hubs. The location features a beneficial proximity to Lemont Furnace’s largest shopping centers, including Uniontown Mall and Fayette Crossing. The site is surrounded by a strong mix of local and national retailers, including Walmart Supercenter, Target, Lowe’s, The Home Depot, TJ Maxx, Big Lots, and many more. The property is centrally located within the Laurel Highlands School District (2,973 students), serving the North and South Union Townships encompassing approximately 55 square miles. The Joseph A. Hardy Connellsville Airport resides less than two miles from the site and provides a convenient stopping place for tourism in the region. The Fayette County fairgrounds is located less than three miles from the site and ranks as one of the largest fairs in Pennsylvania (100,000 attendees). The site also serves as a common gateway to Downtown Pittsburgh, the second-most populous city in Pennsylvania.