A new Sheetz convenience store and gas station is now open in Short Pump, taking over a corner that has changed hands more than once over the last two decades. The Pennsylvania-based chain opened this week at 11500 W. Broad St. in western Henrico, on the same corner of West Broad Street and Pouncey Tract Road that held a Walgreens for more than ten years before that pharmacy closed in early 2025.
The opening was first reported by Richmond BizSense, where reporter Jack Jacobs detailed the site’s history and Sheetz’s broader push into the Richmond market. According to that reporting, Walgreens sold the property in a $3.8 million deal that closed in June 2025 to Morgan Co., the real estate firm that built and now owns the new Sheetz.
What’s New at 11500 W. Broad St.
The new store is about 5,000 square feet with 12 fuel pumps, built to Sheetz’s newer format that leans into a “restaurant-style” experience, with indoor and outdoor seating, mobile order pickup lanes, groceries, and its usual menu of made-to-order food. It is a step up in scale and amenities from what the corner offered as a Walgreens, and long before that, a gas station and bank that were cleared in the early 2010s to make way for the pharmacy.
Part of a Bigger Local Push
This is Sheetz’s third new Richmond-area store in the last several months. The chain opened a location on Staples Mill Road in Henrico in April, followed by one on Iron Bridge Road in Chesterfield County in June, not far from where we covered the new Bon Secours emergency center on Iron Bridge Road. Sheetz operates more than 850 stores across seven states, and per BizSense’s reporting, has at least two more Richmond-area locations in some stage of planning: one tied to a pending mixed-use project in Hanover County, and interest in the Chester area as well.
What It Means for Short Pump Homeowners and Buyers
For anyone who owns or is considering a home near this stretch of West Broad, a new Sheetz is a small but telling signal. Convenience retailers like Sheetz generally follow rooftops and traffic counts rather than create them, so a company willing to build a ground-up store here is confirming what most Short Pump residents already know: this corridor is one of the busiest and most in-demand in Henrico County. That kind of retail density tends to support home values in the surrounding neighborhoods, even as it adds traffic at an intersection some neighbors already consider tricky.
It is also a reminder of how much has changed at this exact corner in a decade: a gas station and bank, then a Walgreens, now a modern Sheetz. Corners that turn over that often are usually corners where demand keeps outpacing whatever gets built. If you are weighing whether that trade-off of more convenience against more traffic works for your household, it is worth a closer look at what is actually for sale nearby. Short Pump’s location also puts it within easy reach of the airport corridor, which we broke down in more detail in our roundup of Richmond neighborhoods with a short drive to the airport.
Thinking About Buying or Selling Near Short Pump?
Whether you are weighing a move into the area or wondering what new retail like this does for your own home’s value, our team can help. Get a free, no-obligation home valuation if you are curious what your Short Pump-area property is worth today, or reach out through Buy With Us if you are house-hunting in western Henrico.
Curious what is on the market right now? Browse our current active listings in Short Pump and the surrounding area, or subscribe to our updates so you never miss a story like this one.
Frequently Asked Questions
Where exactly did the new Sheetz open in Short Pump?
The store is located at 11500 W. Broad St. in western Henrico County, at the corner of West Broad Street and Pouncey Tract Road, on the site of a former Walgreens.
What was on this site before Sheetz?
A Walgreens operated there for more than a decade before closing in early 2025. Before the Walgreens, the corner held a gas station and a bank, which were demolished in the early 2010s to make way for the pharmacy.
How big is the new Sheetz and what does it offer?
The store is about 5,000 square feet with 12 fuel pumps. It includes indoor and outdoor seating, mobile order pickup, groceries, and Sheetz’s made-to-order food menu.
Who owns the property now?
Morgan Co., a real estate firm, bought the site from Walgreens for $3.8 million in a deal that closed in June 2025, then built and now owns the Sheetz store.
Is this the only new Sheetz in the Richmond area this year?
No. Sheetz also opened stores on Staples Mill Road in Henrico in April 2026 and on Iron Bridge Road in Chesterfield County in June 2026.
Are more Sheetz locations planned near Richmond?
Sheetz has indicated a location is expected as part of a pending mixed-use project in Hanover County and has also shown interest in the Chester area, though nothing has been finalized for either.
Does a new convenience store like this affect nearby home values?
New retail investment is generally a sign of strong traffic and demand in an area, which tends to support surrounding property values, though it can also mean more traffic at nearby intersections.
How can I see homes for sale near Short Pump?
You can browse current listings in Short Pump and the surrounding area, or contact the Mission Realty Team directly for a personalized search.
Written by the Mission Realty Team — meet the team. Real Broker LLC, 3701 Cox Rd, Richmond, VA 23233. (804) 601-4960.
