INVESTMENT OVERVIEW:
Price: $1,842,105
CAP Rate: 5.70%
Net Operating Income: $105,000
Square-Footage: 2,448
Lot Size: 0.29 AC
Market: Pittsburgh
INVESTMENT HIGHLIGHTS:
- 100% Fee Simple Interest
- Absolute NNN Lease
- Corporate Guarantee
- Investment Grade Credit
- Rated Credit
- S&P Rated AA-
- Scheduled Increases
- Zero Landlord Obligations
PROPERTY INFORMATION:
This is the opportunity to purchase a 2,448 square-foot absolute NNN leased 7-Eleven in Pittsburgh, Pennsylvania. The tenant has a ten year lease with 10% increases every five years and four 5 year options to renew. The lease is corporately guaranteed by 7-Eleven and calls for zero landlord obligations.
LOCATION INFORMATION:
Pittsburgh is a city in the Commonwealth of Pennsylvania in the United States, and is the county seat of Allegheny County. As of 2017 the city proper has a total population of 305,704, being the 63rd largest city in the United States. The metropolitan population of 2,353,045 is the largest in both the Ohio Valley and Appalachia, the second-largest in Pennsylvania (behind Philadelphia), and the 26th largest in the U.S.
| Price: | $1,842,105 |
| City: | Pittsburgh |
| State: | PA |
| Zip Code: | 15236 |
