7500 Grand AvePittsburgh, PA 15225

Property Details for 7500 Grand Ave

Lot size

0.33 AC

Property type

Grocery and convenience stores

APN

273-E-255

APU

273E255

Description

This exceptional 2,400 square foot free-standing retail building is available for lease on Pittsburgh's Neville Island. Located at 7500 Grand Avenue, this single-story property boasts a highly visible location adjacent to the Robert Morris University Island Sports Center, ensuring significant foot traffic and exposure. The 0.33-acre lot (14,353 square feet) provides ample space, including a 12-car parking lot, for customer convenience. The building's previous use as a 7-Eleven convenience store offers a solid foundation for a variety of retail ventures, although some usage restrictions may apply. Situated in Allegheny County's West Pittsburgh Industrial submarket, this property offers easy access to Coraopolis, PA, and benefits from its proximity to a major university facility. The entire 2,400 square feet is currently vacant, presenting a unique opportunity for a business seeking a well-located, established space. This property is ideal for a retailer looking for high visibility and convenient access in a thriving community. Interested parties should inquire about specific usage restrictions and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $4,012,530

  6.5%

  $3,703,874

  7%

  $3,439,312

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,383,301

  Geo Method

  $3,383,301

• Alternative Use

  Use

  Valuation

  Residential

  $3,124,356

  Hospitality

  $2,861,894

  Educational

  $2,381,062

  Medical

  $2,462,950

  Retail

  $3,703,874

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.5174

Longitude

-80.1482

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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