MANHEIM, PA—Marcus & Millichap brokered the sale of a 15-year Sheetz ground lease located in Manheim, PA, according to Brenton J. Baskin, regional manager of the firm's Philadelphia office. The asset sold at list price, $3 million.
The site is at 820 Lancaster Rd., Manheim, PA, directly across from the Manheim Auto Auction.
Steve Garthwaite, Derrick Dougherty and Mark Taylor, investment specialists of the TZD Retail team in Marcus & Millichap's Philadelphia office, had the exclusive listing to market the property on behalf of the seller. This closing marks the team's ninth Sheetz transaction. The buyer was secured and represented by Lawrence Gariano and David Beyel, investment specialists in Marcus & Millichap's Philadelphia office.
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