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Absolute NNN Walgreens Property
For Sale
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99 Jefferson Ave, Washington, PA 15301

Corporate-backed occupancy and an absolute net lease structure eliminate landlord responsibilities.

Property SizeContact for details
Days on Market143

Property Features for 99 Jefferson Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:25PM

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 Deerfield Partners

Investment Insights

Based on property information with market context.

This Walgreens property at 99 Jefferson Ave in Washington, PA is offered with an absolute net lease that assigns no landlord responsibilities. The lease includes a corporate guarantee of the full rent, providing a defined structure for ownership and administration.

The store occupies the intersection of Jefferson and W. Chestnut, directly across from CVS. Washington is described as a bedroom community 23 miles from Downtown Pittsburgh. The property’s Walgreens occupancy, absolute net lease format, and corporate rent guarantee may suit buyers evaluating a passive ownership structure or a 1031 exchange.

Key Highlights

  • Absolute net lease with zero landlord responsibilities
  • Walgreens occupancy with full rent guaranteed by Walgreens Corporate
  • Located at Jefferson and W. Chestnut

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy William Saghy Jr, ... Pharmacy FedEx OnSite Postal Service James A. Campana, Pharm Pharmacy

Suggested Use

Top Pick Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store Gym & Fitness Center Carpet & Flooring Store Daycare 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,541
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 35% Dining 12% Apparel 7%
Shop 'n Save Groceries
27,635 visits/mo 0.2 miles
PNC Bank Shops & Services
9,109 visits/mo 0.1 miles
Goodwill Apparel
5,772 visits/mo 0.2 miles
Safelite AutoGlass Shops & Services
4,860 visits/mo 0.0 miles
AutoZone Shops & Services
4,276 visits/mo 0.2 miles

Demographics for 15301, PA

48,963
Population
24,001
Households
2
Avg Household Size
45
Median Age
27%
College-Educated
92%
High-School Grad
122.0 sq mi
ZIP Area
401
Density / Sq Mi
$69,275
Median Household Income
$43,546
Median Earnings
$927
Median Rent
$205,800
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 - Corporate-backed occupancy and an absolute net lease structure eliminate landlord responsibilities.
Where is this nnn property located?
The property is located at 99 Jefferson Ave Washington, PA.
What are key features of this property?
This property features: Absolute net lease with zero landlord responsibilities; Walgreens occupancy with full rent guaranteed by Walgreens Corporate; Located at Jefferson and W. Chestnut
More about this property
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