3700 Walnut St
Mckeesport, PA 15132
Rite Aid | 2017 Renovations | 8+ Years · Retail Property For Sale

Marcus & Millichap is pleased to present the Rite Aid located at 3700 Walnut Street in McKeesport, Pennsylvania. The property consists of approximately 11,157 square feet of building space and situated on a large 2.98-acre parcel. Rite Aid has been operating at this site since 2007 and has over eight years remaining on their lease. The lease includes Six, Five-Year renewal options which each include rental increases of over six percent. The lease is a double net structure with the Landlord only responsible for the roof and structure while the Tenant is responsible for the parking lot, common area maintenance, HVAC, real estate taxes, insurance and utilities. The property has great access and visibility at the intersection of Walnut Street and Eden Park Boulevard with a combined traffic count of 15,200+ vehicles per day. This is the only national drug store within 2.5 miles, with no Walgreens stores within an 8 mile drive. Surrounding national tenants include Shop-N-Save, Ollies Bargain Outlet, ALDI, O’Reilly Auto Parts, Dollar General, AutoZone, Dollar Tree, McDonald's and KFC. Located 16 miles from Pittsburgh, McKeesport is a city in Allegheny County Pennsylvania and part of the Pittsburgh MSA. By population, it is Allegheny County's second largest city, after Pittsburgh.