Property summary
This exceptional investment opportunity presents a 2,135 square foot 7-Eleven convenience store situated on a 1.83-acre lot in McKees Rocks, Pennsylvania. The property boasts a highly desirable absolute NNN ground lease with zero landlord responsibilities, providing significant passive income. The lease, currently with 4.9 years remaining, includes a single 5-year renewal option and is corporately guaranteed by 7-Eleven. The store benefits from a prime location on Pine Hollow Road, experiencing high daily traffic volume (21,718 vehicles per day), and enjoys proximity to KenMawr Plaza, a substantial 152,000 square foot community center featuring numerous national and local tenants. Its convenient location near Fairhaven Park and Interstate 79 further enhances its appeal. The property has a strong operating history of 20 years and offers a compelling cap rate of 6.03% with a Net Operating Income (NOI) of $235,320. The asking price is $3,900,000, translating to $1,826.70 per square foot. This is a rare chance to acquire a stable, low-maintenance investment with a blue-chip tenant, located just six miles from downtown Pittsburgh. The lease commenced November 1, 2019, and expires October 31, 2029.
Property profile
VerifiedCap rate & NOI
Current use
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Gas Station
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Bank Credit Union
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Grocery & Convenience Store
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Atm Crypto Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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