Former Rite Aid For
843 Rostraver Rd, Belle Vernon, PA 15012
For Sale
Contact for pricing
Pending
Former Rite Aid with drive-thru, pylon signage, and ample parking.
Property Size10,908 SF
Days on Market230
Property Features for 843 Rostraver Rd
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Richard Beynon · License PA AB068671
(412) 298-2236
Source:
Crexi
Added: Mar 25
Changed: Nov 9
Last Checked: Nov 8 at 9:00AM
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 SVN | Three Rivers Commercial Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This former Rite Aid property is available for sale and is located at 843 Rostraver Rd in Belle Vernon, PA. The property offers visibility and access, along with pylon signage and a drive thru. A sizable parking lot accommodates high traffic. The location is near the new Candlewood Suites and the primary intersection of Rostraver Road and Broad Avenue. The property is suitable for a variety of businesses seeking visibility and access in a commercial area. The property size is 10908 square feet.
Key Highlights
- High visibility and access due to prime location on Rostraver Rd.
- Drive‑thru accessibility.
- Pylon signage for maximum exposure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,806
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,356,120
$2.4M
Cap Rate 7%
$1,682,943
$1.7M
Cap Rate 9%
$1,308,956
$1.3M
Market Conditions
NOI Build-Up for 10,908 SF
Gross rent
$163.6K $15.00/SF
− Vacancy
−$6.5K −$0.60/SF
EGI
$157.1K $14.40/SF
− OpEx
−$39.3K −$3.60/SF
NOI
$117.8K $10.80/SF
Area
Fayette County, PA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,356,120
Cap Rate 7%
$1,682,943
Cap Rate 9%
$1,308,956
Alternative Uses
Best Use
Specialty Retail
$1.68M
$1.47M – $1.96M
NOI $117,806 @ 7.0% cap · market cap 3.02%
Second Best
Retail
$1.46M
$1.28M – $1.71M
NOI $102,508 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,491 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
43k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 70%
Shops & Services 25%
Beauty & Spa 5%
Lowe's
Home Improvements & Furnishings
28,826 visits/mo
0.4 miles
Pet Supplies Plus
Shops & Services
10,736 visits/mo
0.3 miles
Sally Beauty Supply
Beauty & Spa
2,322 visits/mo
0.3 miles
Aaron's
Home Improvements & Furnishings
1,042 visits/mo
0.3 miles
Demographics for 15012, PA
15,756
Population
7,604
Households
2.1
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
34.1 sq mi
ZIP Area
462
Density / Sq Mi
$61,903
Median Household Income
$49,645
Median Earnings
$814
Median Rent
$187,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Rite Aid Pharmacy — 843 Rostraver Rd, Belle Vernon, PA 15012
- Mark Current — RITE AID #10891, 843 Rostraver Rd, Belle Vernon, PA 15012
- Theresa A. Rodriguez, RPH — 843 Rostraver Rd, Belle Vernon, PA 15012
- GNC — 150 sara way, belle vernon, pa 15012
- Walmart Pharmacy — 100 Sara Way, Belle Vernon, PA 15012
Frequently Asked Questions
What type of property is this?
Drug store - Former Rite Aid with drive-thru, pylon signage, and ample parking.
Where is this drug store located?
The property is located at 843 Rostraver Rd Belle Vernon, PA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: High visibility and access due to prime location on Rostraver Rd.; Drive‑thru accessibility.; Pylon signage for maximum exposure.
