For Sale Subject To Offer
Property Type Retail - Freestanding
Property Size 6,139 SF
Lot Size 2.04 Acre
Date Updated Feb 9, 2024

Located at the intersection of Northwestern Pike and Botanical Blvd.NEW 15-YEAR CORPORATE LEASE – The fifteen-year ground lease commenced in December 2023 and is backed by Sheetz Inc. The company made a significant upfront investment in the building construction and all equipment. The 2.04-acre parcel is positioned between Valley Heath (regional hospital) and a high performing Walmart on Route 50, which provides a direct connection to downtown Winchester and Route 37. Within site distance from Route 37, a primary north/south connector, and surrounded by strong economic drivers, the portion of Route 50 immediately in front of the subject property yields a strong traffic count in excess of 35,000 vehicles per day. Sheetz is one of the most recognizable convenience concepts in the mid-Atlantic and among the most desirable investments given the strong performance and balance sheet. Sheetz distinguishes itself from other C-stores with its made-to-order food, leading to substantial revenue generation compared to conventional C-stores.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Sheetz - 133 Botanical Blvd OM (PDF) opens in new window

Highlights

NEW 15-YEAR CORPORATE LEASE – The fifteen-year ground lease commenced in December 2023 and is backed by Sheetz Inc. The company made a significant upfront investment in the building construction and all equipment.
HIGHLY DESIRABLE ROUTE 50 LOCATION – The 2.04-acre parcel is positioned between Valley Heath (regional hospital) and a high performing Walmart on Route 50, which provides a direct connection to downtown Winchester and Route 37.
STRONG TRAFFIC AND CONNECTIVITY – Within site distance from Route 37, a primary north/south connector, and surrounded by strong economic drivers, the portion of Route 50 immediately in front of the subject property yields a strong traffic count in excess of 35,000 vehicles per day.
GROWING METRO AREA – Winchester is a burgeoning D.C. bedroom community and one of the fastest growing metro areas in the Commonwealth of Virginia. The immediate trade area is more than 130,000 with study growth projected for the foreseeable future.