Freestanding Drive-Through Drug
New
For Sale
Contact for pricing
1201 Blair Street, Hollidaysburg, PA 16648
NNN lease structure places taxes, insurance, and CAM responsibilities with the tenant while the landlord retains roof and structural obligations.
Property SizeContact for details
Days on Market4
Property Features for 1201 Blair Street
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
7%
Amenities
drive-through pharmacy lane
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Iceberg Net Lease
Listed By:
Ned Ziv · License #CA 02108238
Source:
Crexi
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 16 at 1:56PM
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 Iceberg Net Lease
Investment Insights
Based on property information with market context.
This freestanding drug store is leased to Giant Eagle, Inc. and includes a full drive-through pharmacy lane along with on-site parking. The property previously operated as a Rite Aid before conversion to its current Giant Eagle Pharmacy format. A corporate guarantee supports the lease, which uses an NNN structure assigning taxes, insurance, and CAM to the tenant while the landlord remains responsible for the roof and structure.
Located at 1201 Blair Street in Hollidaysburg, Pennsylvania, the property has visibility from Route 22. The lease includes one remaining 3-year renewal option beginning January 31, 2030, with a contractual 10% rent increase and an extension through 2033. The existing drive-through configuration and freestanding layout support continued pharmacy use and future leasing flexibility.
Located at 1201 Blair Street in Hollidaysburg, Pennsylvania, the property has visibility from Route 22. The lease includes one remaining 3-year renewal option beginning January 31, 2030, with a contractual 10% rent increase and an extension through 2033. The existing drive-through configuration and freestanding layout support continued pharmacy use and future leasing flexibility.
Key Highlights
- Freestanding pharmacy with a full drive‑through lane and on‑site parking
- Leased to Giant Eagle, Inc. with a corporate guarantee
- NNN lease structure; landlord retains roof and structural responsibilities
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Electronics 22%
Sunoco
Shops & Services
4,796 visits/mo
0.4 miles
Verizon
Electronics
1,337 visits/mo
0.4 miles
Demographics for 16648, PA
15,149
Population
6,849
Households
2.2
Avg Household Size
48
Median Age
40%
College-Educated
96%
High-School Grad
60.0 sq mi
ZIP Area
252
Density / Sq Mi
$76,149
Median Household Income
$45,044
Median Earnings
$1,062
Median Rent
$215,300
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Innovative Extracts CBD — 210 1, 2 Allegheny St, Hollidaysburg, PA 16648
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- Dixon Ross W — 1201 Blair St, Hollidaysburg, PA 16648
Frequently Asked Questions
What type of property is this?
Drug store - NNN lease structure places taxes, insurance, and CAM responsibilities with the tenant while the landlord retains roof and structural obligations.
Where is this drug store located?
The property is located at 1201 Blair Street Hollidaysburg, PA.
What is the asking price?
The asking price for this property is $1,195,257.
What are key features of this property?
This property features: Freestanding pharmacy with a full drive‑through lane and on‑site parking; Leased to Giant Eagle, Inc. with a corporate guarantee; NNN lease structure; landlord retains roof and structural responsibilities
