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765 Benner Pike
State College, PA 16801

$5,733,000 USD

Convenience Store For Sale  •  6,077 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 6,077 SF
  • Lot Size 3.49 AC
  • Building Class C
  • Year Built 2019
  • Cap Rate 5.00 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
35 Walk Score

Highlights

Prime State College Location: Across from the new Happy Valley Casino and near Penn State University (88K+ students).
Major Retail Hub: Surrounded by Walmart, Sam’s Club, ALDI, Tractor Supply, and other national retailers.
Proven Tenant Commitment: Sheetz has operated here 25 years and rebuilt the site in 2019 with a modern 6K+ SF prototype.
Long-Term, Passive Lease: 20-year absolute-net ground lease with built-in rent increases and 50-year total potential term.
Strong Corporate Guarantee: Backed by Sheetz, Inc. ($14B+ revenue, 800+ stores), ranked #27 on Forbes’ largest private companies.
Excellent Access & Visibility: High-traffic corridor near I-99, East College Ave, and dense regional retail.
Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Sheetz

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
State College Regional 15 min - 5.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.