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Hermitage, PA NNN Properties for Sale

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Freestanding Retail NNN Lease
Updated: Apr 11
Freestanding Retail NNN Lease

1340 N Hermitage Rd, Hermitage, PA 16148

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47,000 sqft 2.98 AC lot
Levin Furniture freestanding furniture retail building in Hermitage, PA (47,000 SF) on a 2.98‑acre site
NNN lease structure with minimal landlord responsibilities and a replaceable rent
New 5‑year lease signed; 4+ years remaining in the base term with five renewal options
Rental increases of 10% in each option period
Located on N. Hermitage Street with traffic counts exceeding 21,000 vehicles per day
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Free-Standing Pizza Hut Restaurant
Updated: Apr 10
Free-Standing Pizza Hut Restaurant

400 S Hermitage Rd, Hermitage, PA 16148

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Free‑standing Pizza Hut NNN sale leaseback in Hermitage, PA
15‑year primary lease term with three (3) five‑year renewal options
Lease annual NNN amount: Years 1–15 at $80,000/year
Renewal NNN amounts: Years 16–20 $82,000/year; Years 21–25 $84,050/year
Renewal NNN amounts: Years 26–30 $86,151.25/year
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hermitage, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Retail Asset For Sale
Freestanding Retail Asset For Sale

643 E Washington St, New Castle, PA 16101

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8,174 sqft 0.73 AC lot

Single-tenant, net-leased retail asset with stable income.

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Net Leased Arby’s Restaurant
Net Leased Arby’s Restaurant

2539 W State St, New Castle, PA 16101

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3,335 sqft 1.03 AC lot

Single-tenant Arby’s offered on an absolute NNN lease with remaining term and scheduled rent increases.

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Single-Tenant Walgreens NNN
Single-Tenant Walgreens NNN

3800 Tippecanoe Rd, Youngstown, OH 44511

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Fee-simple sale of a Walgreens with a new 15-year absolute NNN lease featuring scheduled 5% rent escalations.

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Single-Tenant Bank with Drive-Thru
Single-Tenant Bank with Drive-Thru

7401 Market St, Youngstown, OH 44512

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Fee-simple investment offered as a single-tenant PNC Bank branch with a four-lane drive-thru.

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Hermitage, PA Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Hermitage, PA on our real estate platform. These investment opportunities span a total of 47,000 square feet of properties for sale.

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Demographics Overview

Population 17K
Population Growth (5Y) +2.0%
Median Household Income $72,680
College Educated 49.6%

Taxes & Financing

Tax Rate (average for all types) 9.54%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mercer County

New Delisted

Total CRE Inventory on Market (SF)

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