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Leased Rite Aid Pharmacy Property

1021 1st Avenue Conway, PA 15027

1021 1st Avenue, Conway, PA, 15027
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For Sale
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Single-tenant Rite Aid property is leased under an NNN corporately guaranteed arrangement with 3.8 years remaining.

Days on Market103

Property Features for 1021 1st Avenue

General Information

Standard status
Active
Property subtype
Retail, Land
Listing agency CBRE - Saddle Brook
Listed by Karly Iacono · License #NY 10401274993
Source Crexi
Added: Apr 11 Updated: Jul 21 at 6:52PM Checked: Jul 21 at 6:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Saddle Brook


Investment Insights

Based on property information with market context.

The property is a single-tenant Rite Aid pharmacy, offered for sale subject to an NNN corporately guaranteed lease. The base term includes 3.8 years remaining, and Rite Aid recently extended its lease through 2023. Rite Aid has operated at this location since 1999.

Situated on a heavily trafficked road with more than 24,000 vehicles per day, the site is surrounded by a mix of national and local tenants. Nearby national retailers include Walmart, Taco Bell, Burger King, and Dollar Tree.

The property is also located near the Norfolk Southern Conway Railyard, with Conway serving as a suburb of Pittsburgh and having more than 74,000 residents within 5 miles.

Key Highlights

  • Single‑tenant Rite Aid property with an NNN corporately guaranteed lease
  • 3.8 years remaining on the base lease term; lease recently extended through 2023
  • Rite Aid has operated at this location since 1999

Property Analytics

Location Intelligence

Current Use by Public Records

Rite Aid Pharmacy Pharmacy Western Union Bank higi Physician Coinhub Bitcoin ATM ... Atm Mario Funair Pharmacy

Suggested Use

Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Dental Office Spa & Massage Center HVAC Service Electrical Service Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Connolly Jennifer J — 1647 W State St, Baden, PA 15005
  • Rite Aid Pharmacy — 1021 1st Ave, Conway, PA 15027
  • Mario Funair — 1021 1st Ave, Conway, PA 150271666
  • Rite Aid #10894 — 1021 1st Ave, Conway, PA 15027
  • Maria M. Gallagher, RPH — 1021 1st Ave, Conway, PA 15027

FAQs

What type of property is this?
Drug store - Single-tenant Rite Aid property is leased under an NNN corporately guaranteed arrangement with 3.8 years remaining.
Where is this drug store located?
The property is located at 1021 1st Avenue Conway, PA.
What are key features of this property?
This property features: Single‑tenant Rite Aid property with an NNN corporately guaranteed lease; 3.8 years remaining on the base lease term; lease recently extended through 2023; Rite Aid has operated at this location since 1999
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