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7-Eleven 22 Grant Ave 2,400 SF Retail Building Pittsburgh, PA 15223 $1,600,000 ($666.67/SF) 6.25% Cap Rate



Investment Highlights
- 7 Eleven just signed a new lease showing their commitment to this location
- Area retailers include The Blarney Stone Restaurant, Advance Auto Parts, Pizza Hut and more
- Zero Landlord Responsibilities - Absolute NNN
Executive Summary
We are pleased to present 22 Grant Avenue, Etna PA. This 7 Eleven property offers an exceptional opportunity to acquire a stable, long-term, single-tenant retail investment located in the heart of Etna, just minutes from downtown Pittsburgh. The property is leased to 7-Eleven, a nationally recognized convenience store operator, under a recently renewed NNN lease through 2037, demonstrating the tenant’s strong commitment to this established location. The 2,400 SF freestanding building sits on a corner lot with 82 feet of frontage along Grant Avenue, benefiting from excellent visibility and steady daily traffic. The property generates an annual net operating income (NOI) of $100,000, supported by the tenant’s strong credit and proven operating history. Positioned within a dense trade area with convenient access to Route 8 and I-279, this asset presents investors with a rare opportunity to own a passive, recession-resistant retail property in the thriving Pittsburgh metropolitan area.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1968
Price
$1,600,000
Price Per SF
$666.67
Cap Rate
6.25%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Parking
8 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
82’ on Grant Ave
Nearby Major Retailers
Property Taxes
| Parcel Number | 0222-J-00310-0000-00 | Improvements Assessment | $391,300 |
| Land Assessment | $23,700 | Total Assessment | $415,000 |
Property Taxes
Parcel Number
0222-J-00310-0000-00
Land Assessment
$23,700
Improvements Assessment
$391,300
Total Assessment
$415,000
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7-Eleven | 22 Grant Ave
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