265 W State St
Quarryville, PA 17566

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale a triple-net leased Turkey Hill opportunity, located at the intersection of W 4th Street and W State Street in Quarryville, Pennsylvania. This is an excellent opportunity to own a corporately-guaranteed gas station and minit market. There are seven and a half years remaining on the current term, with an additional three, five-year options available. Surrounded by a wide range of local and national tenants, this Turkey Hill Minit Market benefits from being situated in the middle of a retail corridor at a highly traveled intersection. This heavily trafficked area sees around 10,000 vehicles per day and serves a population of 19,622 within ten-miles. Turkey Hill has been owned and operated by Kroger since 1985 until they were acquired by the European-based EG Group in April of 2018. The sale agreement includes the purchase of 762 convenience stores including 66 franchise operations in 18 states that have 11,000 employees including about 50 employees at its corporate office. The banner names included in the sale were Turkey Hill, Loaf ‘N Jug, Kwik Shop, Tom Thumb and Quik Stop. Kroger’s Turkey Hill Dairy and supermarket fuel centers were not included. Kroger’s convenience stores generated revenue of $4 billion, including the sale of 1.2 billion gallons of fuel, in fiscal 2016. That represents a little more than three percent of the company’s total sales in that fiscal year.