Absolute NNN
For Sale
Contact for pricing
2715 Market St, Warren, PA 16365
Burger King occupies an absolute NNN ground-leased site with no landlord responsibilities and options remaining under the lease.
Property SizeContact for details
Days on Market146
Property Features for 2715 Market St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Sean Lutz · License #IL 475132482
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 12:07PM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
This absolute NNN property is occupied by Burger King under a ground lease with approximately 5.5 years remaining in the current term. The tenant has exercised its second option period, and the lease includes 2 (5-year) option periods remaining. Rent increases of approximately 10% occur at the start of each option period. The lease is franchise guaranteed, with zero landlord responsibilities under the absolute NNN structure.
The property is located at 2715 Market St in Warren, Pennsylvania, near the signalized intersection of Market Street and Jackson Run Road, which records 15,700 VPD. It is positioned as an outparcel of Warren Commons Shopping Center, a 371,881 SF center opened in 2006 and anchored by Walmart and Lowe’s Home Improvement. The center includes approximately 22 stores, including Dollar Tree, GameStop, Applebee’s, Maurices, Applebee’s, and Verizon Wireless. Nearby national and credit tenants include Sheetz, ALDI, PNC Bank, and Tractor Supply Co.
The property is located at 2715 Market St in Warren, Pennsylvania, near the signalized intersection of Market Street and Jackson Run Road, which records 15,700 VPD. It is positioned as an outparcel of Warren Commons Shopping Center, a 371,881 SF center opened in 2006 and anchored by Walmart and Lowe’s Home Improvement. The center includes approximately 22 stores, including Dollar Tree, GameStop, Applebee’s, Maurices, Applebee’s, and Verizon Wireless. Nearby national and credit tenants include Sheetz, ALDI, PNC Bank, and Tractor Supply Co.
Key Highlights
- Burger King ground lease with approximately 5.5 years remaining
- 2 (5‑year) option periods remain under the lease
- Approximately 10% rent increases at the beginning of each option period
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 16365, PA
17,428
Population
8,861
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
139.3 sq mi
ZIP Area
125
Density / Sq Mi
$57,694
Median Household Income
$36,810
Median Earnings
$778
Median Rent
$118,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Burger King occupies an absolute NNN ground-leased site with no landlord responsibilities and options remaining under the lease.
Where is this nnn property located?
The property is located at 2715 Market St Warren, PA.
What are key features of this property?
This property features: Burger King ground lease with approximately 5.5 years remaining; 2 (5‑year) option periods remain under the lease; Approximately 10% rent increases at the beginning of each option period
