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Abs. NNN Franchise Retail Property
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2715 Market Street, Warren, PA 16365

Fee-simple retail asset built/remodeled in 2007 with absolute NNN franchise lease structure.

Property SizeContact for details
Days on Market122

Property Features for 2715 Market Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: SRS Real Estate Partners Chicago
Listed By: Dan Elliot · License #IL 475144985
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 4:47AM

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 fee-simple retail investment is offered for sale as an absolute NNN franchise lease property. Public remarks indicate a net operating income of $60,500 with a 5.00% cap rate and specify that the ground landlord has no responsibilities. The rentable area is listed as 3,000 square feet.

The property is located at 2715 Market Street in Warren, PA 16365, on a 1.26-acre land parcel. The overall property size is provided as 54,886 square feet, and the site was built and/or remodeled in 2007.

Ownership is stated as fee simple. Please note that the current lease details are referenced in the offering materials as an absolute NNN arrangement, and the specific franchise tenant name is not provided in the supplied information.

Key Highlights

  • Net Operating Income (NOI) of $60,500 and a 5.00% cap rate
  • Absolute NNN franchise lease structure with ground landlord responsibilities listed as none
  • Retail asset with 3,000 SF rentable area and 1.26‑acre land area (54,886 SF)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Hair Salon Spa & Massage Center

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

236
Businesses Nearby

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fee-simple retail asset built/remodeled in 2007 with absolute NNN franchise lease structure.
Where is this nnn property located?
The property is located at 2715 Market Street Warren, PA.
What are key features of this property?
This property features: Net Operating Income (NOI) of $60,500 and a 5.00% cap rate; Absolute NNN franchise lease structure with ground landlord responsibilities listed as none; Retail asset with 3,000 SF rentable area and 1.26‑acre land area (54,886 SF)
(312) 279-5345 Call to check price and availability
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