Sheetz Ground Lease

Key features

• Absolute NNN Ground Lease - Zero landlord responsibilities, providing truly passive and hands-off ownership.
• Attractive Rent Escalations - 10% rent increases every five (5) years, delivering strong long-term income growth and inflation protection.
• Brand New 2026 Construction - Newly constructed, purpose-built improvements with modern design standards and minimal future capital requirements.
• High-Capacity Fueling Configuration - Domino 6 design to maximize customer throughout and fuel sales.
• High-Growth Fredericksburg Submarket - Positioned in the rapidly expanding southeastern portion of Fredericksburg, surrounded by numerous newly completed and planned residential developments.
• Oversized 3.92-Acre Parcel - Large 3.92-acre site offering the tenant the ability to expand and providing long-term flexibility for future growth.
• Prime Corner Location - Signalized corner of Tidewater Trail (VA Route 2) and Mills Drive / Business Route 17 with traffic counts exceeding 24,000 vehicles per day.
• Regional Soccer Destination - The nearby Spotsylvania Sportsplex, a 20+ field soccer complex managed by Fredericksburg Area Soccer Association (FASA) and Virginia Youth Soccer Association (VYSA), hosts leagues and tournaments that bring substantial weekend traffic and year-round activity to the area
• Strong Tenant - Corporate guarantee by Sheetz, a leading national convenience and fuel operator with 800+ locations and more than $14B in annual sales.
• Washington, D.C. MSA Location - Located approximately 55 miles south of Washington, D.C., one of the nation’s most affluent and economically stable metropolitan areas with more than 6 million residents.