Monday, October 2, 2023

Sheetz "highly impressed with the performance" of its first Montgomery County store in Gaithersburg


Sheetz
says it is "highly impressed with the performance" of its first store in Montgomery County, which opened in August at 751 Progress Way in Gaithersburg. The rapidly-growing convenience store and mega gas station chain provided its impression of the early financial success of the store in a new memo to the Gaithersburg Mayor and Council, which provided answers to questions raised at a previous public hearing regarding its planned second store at the Walnut Hill Shopping Center. In the unsigned memo, the company also expressed its appreciation for the support it has received from the City and the public, as it enters the Montgomery County market. 

The Altoona, Pennsylvania-based chain also reports 350 people attended the grand opening. In addition to the $2500 donations it made to Special Olympics Maryland and Feeding America that day, Sheetz says it has now made a second $6000 donation to SOM, which was generated by proceeds from its special discount fuel promotion during the grand opening period.

Gaithersburg has provided a welcoming launch point for the chain, as its zoning is friendlier to Sheetz than Montgomery County's, as well as to its fellow Pennsylvania competitor, Wawa. That is why both firms are launching their entry into Montgomery County within its city limits. It's also why the Walnut Hill Shopping Center is seeking annexation into the City, so that it can add the Sheetz store to its property.

Sheetz says its Walnut Hill store will be smaller and have less gas pumps, due to its closer proximity to a residential neighborhood than its Progress Way store - although that store was also smaller than the typical Sheetz operation found on major highways. It predicts that there is enough drive-by traffic on I-270 and MD 355 to support both Sheetz locations. Sheetz also believes that the lack of fast food restaurants in the immediate proximity of Walnut Hill provides demand for its quick-service fresh food operations. An attorney representing Walnut Hill Shopping Center, in separate correspondence to the Mayor and Council on September 19, says that the revenue provided by the Sheetz store will cover the cost of needed upgrades to the property.

3 comments:

  1. Where is the Walnut Hill Sheetz going to be located in the shopping center?

    ReplyDelete