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Investment Highlights

  • New Construction
  • Zero Management Responsibilities
  • Dynamic Tenant
  • Attractive Rent Increases
  • Excellent Location
  • High Traffic Counts

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the new construction 7 Brew ground lease located at 1421 Freeport Road in Natrona Heights, Pennsylvania (the “Property”). The new construction Property will be improved by a free standing 510 square foot building on a 0.42-acre parcel. 7 Brew signed a 15-year Absolute NNN Ground Lease with seven (7), 5-year and one (1) 4-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of the first three (3) renewal options. Options 4 through 8 will be set to fair market rent. 7 Brew is under construction with an anticipated rent commencement date of November 1, 2026.
The Property is prominently positioned along Freeport Road, one of the Allegheny Valley’s most heavily traveled commercial corridors and a key route connecting Natrona Heights with neighboring communities throughout western Pennsylvania. The site benefits from exceptional visibility, convenient ingress and egress, and strong exposure to both local traffic and daily commuters. Its location along a municipal bus route further enhances accessibility, broadening the customer base and supporting consistent consumer activity throughout the day.
The surrounding area is characterized by a diverse mix of retail, healthcare, educational, industrial, and residential uses that generate a steady flow of customers. Several of the region’s most significant demand drivers are located within close proximity, including Allegheny Valley Hospital, Highlands High School, and Highlands Middle School, all of which contribute substantial daytime population and traffic to the immediate area. The Property also offers convenient access to PA Routes 28, 56, and 366, providing efficient travel throughout the Pittsburgh metropolitan area and surrounding counties.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
510 SF
Building Class
C
Year Built
1940
Price
$2,200,670 CAD
Price Per SF
$4,315.04 CAD
Cap Rate
6%
NOI
$132,040 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.42 AC

Amenities

  • Freeway Visibility

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • 7 Brew
  • Retailer
  • 510 SF
  • -
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
7 Brew Retailer 510 SF - Triple Net -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

KeyBank
PNC Bank
Dollar Bank
Planet Fitness
ATA Martial Arts

Property Taxes

Property Taxes

Parcel Number
1519-N-00168-0000-00
Land Assessment
$90,066 CAD
Improvements Assessment
$180,548 CAD
Total Assessment
$270,614 CAD
  • Listing ID: 41801391

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 1421 Freeport Rd, Natrona Heights, PA 15065

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