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7-Eleven 22 Grant Ave 2,400 SF Retail Building Pittsburgh, PA 15223 $1,700,000 ($708.33/SF) 5.88% Cap Rate

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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
Convenience Store
Building Size
2,400 SF
Building Class
C
Year Built
1968
Price
$1,700,000
Price Per SF
$708.33
Cap Rate
5.88%
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

Snap Fitness 24/7
PNC Bank
Northwest Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0222-J-00310-0000-00
Land Assessment
$23,700
Improvements Assessment
$391,300
Total Assessment
$415,000
  • Listing ID: 37981784

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 22 Grant Ave, Pittsburgh, PA 15223

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