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    1102 Perry Hwy Pittsburgh, PA 15237

    For Lease
    $15 SF/Yr ($2,464 /Mo)

    Prime Retail Space: 1908 sq ft, Corner Lot

    Lot size:
    1,908 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,908 square foot retail space, formerly a 7-Eleven, is available for lease in Pittsburgh, PA. Located at 1102 Perry Hwy, this single-tenant property sits on a sizable 32,391 square foot corner lot, offering excellent visibility and accessibility. The property features a private parking lot and ADA-compliant restrooms. The lease term extends to September 1st, 2030. Previous approvals from the 7-Eleven corporation allow for uses such as a small Indian restaurant or laundromat. Note that there are use restrictions in place, prohibiting cannabis and vape shops, as well as other convenience stores and gas stations. The property boasts digital signage capabilities, enhancing marketing opportunities. Property taxes are $8.63 per square foot. The APN is 0516-M-00291-0000-00, and the cross street is Lombardy Drive. This location presents a unique opportunity for a variety of businesses seeking high visibility and a well-established location in a thriving Pittsburgh neighborhood. The property is company-owned and being offered for sublease.

    Property Features for 1102 Perry Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,908 SF
    Total Rate
    2464.5

    Unit(s) available at that property

    Space
    Size
    1,908 SF
    Rate per SF
    $16

    HighLights

    • 1,908 SF retail space available for lease in Pittsburgh, PA.
    • Located at 1102 Perry Hwy on a 32,391 SF corner lot with excellent visibility and a private parking lot.
    • ADA‑compliant restrooms and lease term extending to September 1, 2030.
    • Approved uses include small Indian restaurant or laundromat; cannabis, vape shops, convenience stores, and gas stations prohibited.
    • Features digital signage and has a property tax rate of $8.63/SF.
    • APN: 0516‑M‑00291‑0000‑00; Cross street: Lombardy Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0355032
    Latitude
    40.5448886

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space: 1908 sq ft, Corner Lot
    Where is this retail property located?
    The property is located at 1102 Perry Hwy Pittsburgh, PA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 1,908 SF retail space available for lease in Pittsburgh, PA.; Located at 1102 Perry Hwy on a 32,391 SF corner lot with excellent visibility and a private parking lot.; ADA-compliant restrooms and lease term extending to September 1, 2030.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1102 Perry Hwy Pittsburgh, PA 15237
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