2539 W State St New Castle, PA 16101

Listing agency CBRE Atlanta b***@cbre.com Show Phone

Listed by Thomas Carr · License #374849

Source Crexi

Added: Apr 11 Updated: Jul 22 at 7:30AM Checked: Jul 22 at 7:30AM

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Investment Insights

Based on property information with market context.

This offering is for a net leased Arby’s restaurant property on an absolute NNN basis. The deal includes a lease with approximately 7.2 years of term remaining, 1% annual rent increases for the remainder of the term, and a 10% increase in each of the four, 5-year renewal options. Arby’s has operated at the location since 2001 and exercised its first two renewal options in 2020.

The property is located at 2539 W State St in New Castle, Pennsylvania, the county seat of Lawrence County. New Castle is part of the greater Pittsburgh–New Castle–Weirton Combined Statistical Area.

The asset comprises 3,335 square feet on 1.03 acres.

Key Highlights

• 3,335 SF single‑tenant Arby’s on 1.03 acres in New Castle, PA
• Absolute NNN lease with approximately 7.2 years of term remaining
• 1% annual rent increases throughout the remainder of the term

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FAQs

What type of property is this?

NNN property - Single-tenant Arby’s offered on an absolute NNN lease with remaining term and scheduled rent increases.

Where is this nnn property located?

The property is located at 2539 W State St New Castle, PA.

What are key features of this property?

This property features: 3,335 SF single‑tenant Arby’s on 1.03 acres in New Castle, PA; Absolute NNN lease with approximately 7.2 years of term remaining; 1% annual rent increases throughout the remainder of the term