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Property profile & analytics
FOR SALE
Grocery and convenience stores

1102 Perry Hwy Pittsburgh, PA 15237

0.74 ac lot
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US73-0779853
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Peter T Chou · 8 yrs held
Peter T Chou
since 2018
4 recorded transactions
2018
$1.7M
2012
$1.5M
2010
$917,000
1997
$407,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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