274 Mars-valencia Rd - Convenience Store FOR SALE


Mars, PA 16046
$1,522,000 USD
202-286-1542
274 Mars-valencia Rd, Mars, PA for Sale
$1,522,000 USD
Convenience Store - FOR SALE
1/6
null | 5.75% Cap Rate

274 Mars-valencia Rd
Mars, PA 16046


HIGHLIGHTS

  • 2+ Years Remaining | Scheduled Rental Increases | 7-Eleven Corporate Guaranty
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Strong Demographics in 5-mile Trade Area | Six-Figure Incomes

OVERVIEW

• The tenant currently has 2+ years remaining on their initial lease with 1 (5-year) option to extend, demonstrating their commitment to the site • The lease features a scheduled rental increase of 8.63% in the last renewal option, which helps grow NOI and hedge against inflation • 7-Eleven corporate guaranty. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada

FOR SALE DETAILS

PRICE

$1,522,000 USD

PRICE/SF

$507 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven - Pittsburgh (Mars) PA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

General Commercial

APN/PARCEL ID

010 S2 A360000,010 S2 A720000

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.