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Investment Highlights

  • Cash Flowing Redevelopment Opportunity
  • Signalized Hard Corner With Strong Traffic Counts
  • Established North Pittsburgh Corridor
  • Well-Located and Highly Visible Corner Parcel
  • Dense Pittsburgh Retail Trade Area

Executive Summary

AiCRE Partners, as exclusive investment sales advisor to Seller, is pleased to offer the opportunity to acquire the fee simple interest of Dark 7-Eleven in Pittsburgh, PA.
This offering presents a dark 7-Eleven location with approximately 4.5 years remaining on the absolute NNN lease, with rent scheduled through August 31st, 2030. The remaining rent is corporately guaranteed by 7-Eleven, Inc—the world’s largest convenience retailer with over 88,000 locations and an investment grade credit rating (S&P: A). The property consists of a 1,908 SF freestanding convenience store situated on a 0.74-acre corner parcel positioned at the signalized intersection of U.S. Route 19 (Perry Highway) and Three Degree Road in the North Pittsburgh submarket.
The site benefits from strong visibility and accessibility along Route 19, with combined traffic counts at the intersection exceeding approximately 25,000 vehicles per day at the surrounding intersection. The property is surrounded by established neighborhood retail and service-oriented businesses, including Dollar General, Rita’s, CITGO, Sheetz as well as nearby shopping centers such as Pines Plaza.
With the tenant currently dark (store closed), the property presents investors and developers with a compelling redevelopment or repositioning opportunity at a highly visible signalized corner within a well-established retail corridor. The existing convenience store infrastructure, corner positioning, and strong surrounding traffic patterns create the potential for a variety of future uses including quick-service restaurant, drive-thru retail, medical retail, automotive services, or modern convenience retail concepts.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,908 SF
Building Class
B
Year Built
1980
Price
$1,748,173 CAD
Price Per SF
$916.23 CAD
Cap Rate
9%
NOI
$157,316 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.74 AC
Zoning
Commercial
Parking
10 Spaces (5.24 Spaces per 1,000 SF Leased)
Frontage
200’ on Perry Hwy

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

WesBanco
Shop 'n Save
Powerhouse Gym
Citizens Bank
Sunbelt Rentals
Starbucks
Northwest Bank
CycleBar
KeyBank
PNC Bank

Property Taxes

Property Taxes

Parcel Number
0516-M-00291-0000-00
Land Assessment
$422,360 CAD
Improvements Assessment
$439,814 CAD
Total Assessment
$862,173 CAD
  • Listing ID: 39923376

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 1102 Perry Hwy, Pittsburgh, PA 15237

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