2 Heckel Rd Mc Kees Rocks, PA 15136-1649
- Grocery and convenience stores
- 1.83 lot acres
Current Use by Public Records
- bp / Gas Station / Car Wash
- Western Union / Money Transfer Service
- 7-Eleven / Convenience Store
- Coin Cloud Bitcoin ATM / Atm / Crypto Atm
Property Details for 2 Heckel Rd
- Lot size
- 1.83 lot acres
- Property type
- Grocery and convenience stores
- APN
- 110-K-372
- APU
- 110K372
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mc Kees Rocks
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.0946
- Latitude
- 40.4741
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
