Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1518 N Main Street Ext
Butler, PA 16001
Sheetz · Retail Property For Sale

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Executive Summary

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single-tenant property leased to Sheetz (the “Property”) in Butler, Pennsylvania, located approximately 30 miles northeast of Pittsburgh. The Property is occupied under a triple-net (NNN) ground lease with over 5.5 years remaining on the base term and seven (7) five-year renewal options, each featuring 10% rental increases. This NNN lease structure provides true passive ownership with no landlord responsibilities, delivering stable and predictable income backed by a nationally recognized convenience retailer.
The Property is strategically positioned at a signalized intersection of North Main Street (22,600 VPD) and Mall Access Road, offering exceptional visibility and direct exposure to daily commuter traffic and shoppers visiting the adjacent Clearview Mall. Multiple points of ingress and egress enhance traffic flow and site accessibility, supporting consistent customer volume. Situated on a 2.57-acre parcel, the site offers ample space for efficient operations and provides potential flexibility for future redevelopment or expansion.
This Sheetz location further differentiates itself from competing convenience retailers with rare features including both a dedicated drive-thru lane and an on-site car wash, positioning the location as a true one-stop convenience destination. These amenities support fast, efficient service for food and beverage purchases, increase customer throughput, encourage repeat visits, and drive incremental revenue. Operating 24 hours a day, the store maximizes sales opportunities and delivers continuous convenience to customers. Additionally, Sheetz was the first convenience retailer in Pennsylvania to introduce beer sales in 2016 and now offers beer and wine at over 280 locations, including this store, driving increased visit frequency and higher basket sizes.
With annual rent of $110,004, this Property offers the lowest rent of any Sheetz location currently on the market, nearly 28% below the next closest comparable, providing an attractive cost basis and enhanced potential returns for investors.
Sheetz operates more than 800 locations across Pennsylvania, West Virginia, Maryland, Ohio, Virginia, North Carolina, and Michigan. Forbes reports company revenue of approximately $11 billion in 2025, and in the same year Fortune ranked Sheetz as the #2 Best Workplace in Retail and #40 among the 100 Best Companies to Work For, underscoring the company’s operational strength and employee-focused culture.
Butler, the county seat of Butler County, is located within the Pittsburgh MSA, which is home to over 2.4 million residents. This regional population base provides strong long-term consumer support and reinforces the Property’s position within an established and growing market.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,000 SF
Building Class
B
Year Built
2016
Price
$3,007,906 CAD
Price Per SF
$751.98 CAD
Cap Rate
5%
NOI
$150,401 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.81 AC
Zoning
Commercial
Parking
52 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
347’ on North Main Street

Property Taxes

Property Taxes

Parcel Number
060-2F63-20EA-0000
Land Assessment
$4,636 CAD
Improvements Assessment
$159,772 CAD
Total Assessment
$164,408 CAD
  • Listing ID: 39374888

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 1518 N Main Street Ext, Butler, PA 16001

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}