Technical
Financial
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Property profile

1102 Perry Hwy Pittsburgh, PA 15237

FOR SALE
Grocery and convenience stores
Property ID
US73-0779853
0.74 ac lot
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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 profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Lot 0.74 ac (32,391 SF)
APN 516-M-291
UPID US73-0779853

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1102 Perry Hwy Pittsburgh, PA 15237
Pittsburgh metro Census 429400 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2018
4 recorded transactions
2018
$1.7M
2012
$1.5M
2010
$917,000
1997
$407,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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