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28232069

22 Grant Avenue, Etna, PA 15223

CS
NY 10401390222
Silber Investment Properties Ltd
Listed by Silber Investment Properties Ltd
$1,540,000
204 days on market
Updated 106 days ago
Opportunity zone

7 Eleven

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 2,400
Cap Rate 6.50%
NOI $100,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven
Lease Type NNN
Lease Expiration 04/30/2037
Remaining Term 10.9
Rent Bumps Yes
Lease Options One, 5 Years
Price per SqFt $642
Year Built 1968
Investment Type Stabilized
Ground Lease No
Sale Condition 1031 exchange

7 Eleven Etna, PA (Pittsburgh MSA) 12 Year Lease Term

Marketing description

We are pleased to present 22 Grant Avenue, Etna PA. This 7 Eleven property offers an exceptional opportunity to acquire a stable, long-term, single-tenant retail investment located in the heart of Etna, just minutes from downtown Pittsburgh. The property is leased to 7-Eleven, a nationally recognized convenience store operator, under a recently renewed NNN lease through 2037, demonstrating the tenant’s strong commitment to this established location. The 2,400 SF freestanding building sits on a corner lot with 82 feet of frontage along Grant Avenue, benefiting from excellent visibility and steady daily traffic. The property generates an annual net operating income (NOI) of $100,000, supported by the tenant’s strong credit and proven operating history. Positioned within a dense trade area with convenient access to Route 8 and I-279, this asset presents investors with a rare opportunity to own a passive, recession-resistant retail property in the thriving Pittsburgh metropolitan area.

Investment highlights

7 Eleven just signed a new 10 year lease extension, showing a strong commitment to this location.

Absolute NNN - Zero Landlord Responsibilities.

Area retailers include Aldi, Advance Auto Parts, Pizza Hut & more.

Listing Contacts

CS
NY 10401390222
Silber Investment Properties Ltd
Listed by Silber Investment Properties Ltd

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Loan Amount
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$100,000.00
$8,333.33/mo

Valuation Metrics

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DSCR
6.49%
Cap Rate
6.49%
ROI

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