734 E Washington St New Castle, PA 16101
Retail property featuring a drive-thru pharmacy and long-term lease.
Property Features for 734 E Washington St
General Information
- Standard status
- Active
- Size
- 10,125 SF
- Property subtype
- RETAIL
Listing office Northmarq | New York (646) 778-5560
Listing date May 26, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Northmarq | New York
Investment Insights
Based on property information with market context.
Key Highlights
- Investment grade credit tenant makes this a secure investment.
- Long remaining lease term ensures stable income for years to come.
- Longstanding history and recent renewal demonstrate tenant commitment.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.2k | $14.04 |
| − Vacancy | −$9.7k | −$0.95 |
| EGI | $132.5k | $13.09 |
| − OpEx | −$33.1k | −$3.27 |
| NOI | $99.4k | $9.81 |
Alternative Uses
Property Analytics
Current Use by Public Records
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