Rite Aid

601 W Pike St Canonsburg, PA 15317

601 W Pike St, Canonsburg, PA, 15317
601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317 601 W Pike St, Canonsburg, PA, 15317
FOR SALE
Property Type:
Street Retail
Amount:
$3,500,000
Last Verified:
Oct 28, 2024

Daily Email Blast
0 times


Highlights

  • Built in 2004
  • NOI = $287,370
  • Located on signalized Intersection
  • 4 Years Remaining on Term w/ (2) 5 Yr Options
  • Attractive 8.2 CAP Rate

Description

SVN Three Rivers Commercial Advisors is pleased to present for sale the Rite AId located in Canonsburg, PA. Rite Aid has tenanted the building since 2005 and Just over 4 years remaining on the term with (2) 5 Year options. The lease is NNN making this a true passive investment Opportunity. Property is aggressively priced for a quick sale offering a 8.2 CAP Rate.

Located in Canonsburg


Year Built: 2004
Building Size: 13680sq ft
Lot Size: 1.89 acres

Map of 601 W Pike St, Canonsburg, PA, 15317

Presented by:
SVN | Three Rivers Commercial Advisors

Request additional information
Jason Campagna


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.