Retail Business for Sale in Martinsburg, WV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Martinsburg, WV 25403

Description

The Tenant, Sheetz Inc., is subject to a 20-year NNN corporate ground lease with opening projected late Summer 2026. (Tenant is already paying partial rent). The lease features rental increases of 10% every five years, providing revenue growth and a hedge against inflation throughout the entirety of the lease term. Sheetz will operate in a newly constructed 6,139 square foot building with indoor and outdoor seating, unique drive-thru, and a 12-stall fueling canopy. The tenant has begun construction on the site marking significant investment estimated around $6-8M. Sheetz occupies a large 3.37-acre parcel on Hedgesville Road at a newly signalized intersection, located just 0.3 miles from the Interstate-81 interchange. I 81 serves as a major north–south corridor extending from the New York–Canada border to Tennessee. I-81 carries average traffic volumes of 58,683 vehicles per day at this segment, while Hedgesville Road supports an additional 25,538 vehicles per day. This section of Hedgesville Road is full of new commercial development anticipating additional residential growth. Adjacent to the property is a brand-new Wawa that opened in April 2026, and just up the road is a Rutter’s convenience store that opened in 2023. On the other side of the interchange, also within one mile of I-81, is another Sheetz location, which reportedly generates 1.1 million annual visits according to Placer. ai, ranking the store in the top quartile of the chain. This was a key reason Sheetz sought to open an additional location; they have a loyal customer base in this market. To the northwest of the subject site, by just over a mile, is the Stonecrest Community. At the entrance to this project, there is a new strip center with Dunkin’ and Jimmy John’s. Neighboring it is a new West Virginia DMV facility and CNB Bank branch which are positioned around the entrance to a large residential subdivision. Five large industrial facilities that are within one-mile of the site will add customer tr

Market Context

This retail in Martinsburg, WV is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 52 days. Compare it against other retail listings for sale in Martinsburg, WV — <a href="/search/sale/retail/west-virginia/martinsburg">view the full market</a>.

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