Rite Aid Net Lease
331 Penn Ave Pittsburgh, PA 15221
For Sale
Contact for pricing
Net leased retail building at a signalized hard corner with long-term Rite Aid occupancy.
Property Size10,908 SF
Lot Size1.46 Acres
Days on Market103
Property Features for 331 Penn Ave
General Information
- Standard status
- Active
- Size
- 10,908 SF
- Lot size
- 1.46 Acres
- Property subtype
- Retail
Listing Agency:
Foretell Capital Partners
(412) 745-5000
Listed By:
Wes Koontz · License #FL BK3517518
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 10:50AM
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 Foretell Capital Partners
Investment Insights
Based on property information with market context.
The property is a Rite Aid net lease retail building comprising 10,908 square feet on a 1.46-acre parcel. Rite Aid has occupied the location for more than 22 years and exercised its first option in 2020. The site also includes a recent 5-year lease extension.
Situated in an extremely dense urban neighborhood about seven miles east of downtown Pittsburgh, the property is positioned at a signalized hard corner. The positioning is intended to provide strong traffic exposure for the site.
Foresite Capital Partners, in cooperation with Totum Realty Advisors, is marketing the asset as an NNN investment opportunity based on the tenant’s long-term history at the location and the current lease extension.
Situated in an extremely dense urban neighborhood about seven miles east of downtown Pittsburgh, the property is positioned at a signalized hard corner. The positioning is intended to provide strong traffic exposure for the site.
Foresite Capital Partners, in cooperation with Totum Realty Advisors, is marketing the asset as an NNN investment opportunity based on the tenant’s long-term history at the location and the current lease extension.
Key Highlights
- 10,908 SF retail building on a 1.46‑acre parcel at 331 Penn Avenue in Pittsburgh, PA
- Signalized hard corner location in a dense urban neighborhood approximately 7 miles east of downtown Pittsburgh
- Rite Aid has occupied the property for over 22 years
Property Analytics
Location Intelligence
Current Use by Public Records
Rite Aid Pharmacy
Pharmacy
Rite Aid
Pharmacy
Laura Lisofsky, PharmD
Pharmacy
Coinhub Bitcoin ATM ...
Atm
Amazon Locker - Aisleann
Postal Service
Similar Off Market Nearby
- Rite Aid Pharmacy — 1800-1814 Morningside Ave, Pittsburgh, PA 15206
- Jamie L. Woytek, Pharm — 1800 Morningside Ave, Pittsburgh, PA 15206
- Michael O. Fry, PharmD — 1800 Morningside Ave, Pittsburgh, PA 15206
- Corandina Riegler — 1800 Morningside Ave, Pittsburgh, PA 152061070
FAQs
What type of property is this?
Drug store - Net leased retail building at a signalized hard corner with long-term Rite Aid occupancy.
Where is this drug store located?
The property is located at 331 Penn Ave Pittsburgh, PA.
What are key features of this property?
This property features: 10,908 SF retail building on a 1.46‑acre parcel at 331 Penn Avenue in Pittsburgh, PA; Signalized hard corner location in a dense urban neighborhood approximately 7 miles east of downtown Pittsburgh; Rite Aid has occupied the property for over 22 years
