7-Eleven (Dark) | Cash Flowing Redevelopment 1102 Perry Hwy 1,908 SF Retail Building Pittsburgh, PA 15237 $1,262,000 ($661.43/SF) 9% Cap Rate

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.