1599 S Braddock Ave
Pittsburgh, PA 15218
GetGo Gas/Convenience · Retail Property For Sale

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this getGo property located on S. Braddock Ave in Pittsburgh, PA. This is a new 20 year NNN lease corporately guaranteed by Giant Eagle, one of the nation’s largest multi-format food, fuel and pharmacy retailers. getGo has executed an absolute NNN lease offering zero landlord responsibilities or expenses making this a great 1031 option and an easy asset to own from any location. The property features a high-end construction, build-to-suit convenience store and gas distribution property that qualifies for 15-yr accelerated depreciation, creating superioor after tax returns. There are also 5% rental increases every 5 years in the base term of the lease and 2.5% increases in each of the eight, five-year options to renew. getGo is ideally situated immediately off of and visible from I-376 at the S. Braddock Ave interchange with combined traffic counts over 106,000 vehicles per day. This 2.8 acre parcel is ideally located less than six miles from downtown Pittsburgh, directly adjacent to Edgewood Towne Center, a Giant Eagle anchored shopping center. Additional surrounding tenants include Wendy's, Dollar Tree, Applebee's, Taco Bell and Fine Wine & Good Spirits (a PA state liquor store). There are more than 18,000 people within 1 mile, 140,750 people within 3 miles and 320,549 people within 5 miles in this densely populated market. This NNN lease coupled with a main retail area offers an ideal investment for the astute investor.