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Dark 7-Eleven Redevelopment Opportunity
For Sale
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1102 Perry Hwy, Pittsburgh, PA 15237

Freestanding 1,908 SF store on 0.74-acre corner parcel for sale.

Property Size1,908 SF
Lot Size0.74 Acres
Price / SF$661.43
Days on Market141

Property Features for 1102 Perry Hwy

General Information

Standard status Active
Size 1,908 SF
Lot size 0.74 Acres
Property subtype Retail
Lease Type Absolute Net
Investment Type Redevelopment
Net Operating Income $113,566

Building Details

Year Built 1980
Tenancy Single
Listing Agency: AiCRE Partners
Listed By: Miles Elam · License #CA 02105134
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 9 at 8:13AM

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 AiCRE Partners

Investment Insights

Based on property information with market context.

The property is a 1,908 square foot freestanding convenience store situated on a 0.74-acre corner parcel. It is located at the signalized intersection of U.S. Route 19 (Perry Highway) and Three Degree Road in the North Pittsburgh submarket. The site benefits from visibility and accessibility along Route 19, with traffic counts at the intersection exceeding approximately 25,000 vehicles per day. The property is surrounded by established neighborhood retail and service-oriented businesses, including Dollar General, Rita’s, CITGO, Sheetz as well as nearby shopping centers such as Pines Plaza. The property has approximately 4.5 years remaining on the absolute NNN lease, with rent scheduled through August 31st, 2030. The remaining rent is corporately guaranteed by 7-Eleven, Inc. The tenant is currently dark (store closed), and the property presents a redevelopment or repositioning opportunity at a highly visible signalized corner within a well-established retail corridor. The existing convenience store infrastructure, corner positioning, and surrounding traffic patterns create the potential for a variety of future uses including quick-service restaurant, drive-thru retail, medical retail, automotive services, or modern convenience retail concepts.

Key Highlights

  • Corporately guaranteed lease by 7‑Eleven, Inc. (S&P: A).
  • High‑visibility corner location** at a signalized intersection with 25,000+ vehicles per day.
  • Redevelopment or repositioning opportunity due to tenant vacancy.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
Under-served
Demand for This Use

Demographics for 15237, PA

45,670
Population
19,332
Households
2.4
Avg Household Size
43
Median Age
58%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,895
Density / Sq Mi
$108,538
Median Household Income
$64,006
Median Earnings
$1,327
Median Rent
$306,900
Median Home Value

Market

Vacancy Rate% for Retail in Pittsburgh, PA

5.1% 2019
5.5% 2020
5.5% 2021
4.8% 2022
4.6% 2023
4.4% 2024
6.4% 2025
Rey
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Similar Off Market Nearby

  • Shop 'N Save 1130 Perry Hwy, Pittsburgh, PA 15237
  • Dave & Buster's - Pittsburgh (North Hills) 6260 Northway Mall Dr, Pittsburgh, PA 15237

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Freestanding 1,908 SF store on 0.74-acre corner parcel for sale.
Where is this grocery and convenience store located?
The property is located at 1102 Perry Hwy Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,262,000.
What are key features of this property?
This property features: Corporately guaranteed lease by 7‑Eleven, Inc. (S&P: A).; High‑visibility corner location** at a signalized intersection with 25,000+ vehicles per day.; Redevelopment or repositioning opportunity due to tenant vacancy.
(888) 737-2264 Call to check price and availability
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