Skip to main content

Drug Store

Absolute Net Walgreens in Affluent Bethel Park

1741 Washington Rd, Pittsburgh, PA 15241

Listing Price: $5,874,033

Cap Rate
9.00%
Tenant Name
Walgreens
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$35.67

Investment Overview

Subject is a 14,820 Square-Foot Walgreens on a 1.29-Acre Lot with
Ample Parking, Pylon Signage, Easy Ingress/Egress on a Signalized
Intersection in the Bethel Park Area of Pittsburgh.
Walgreens is Corporate Guaranteed, and has Just Over Five Years
Remaining with 10 x 5-Year Options Remaining.
Great Development Location - Robust Traffic Counts at the
Intersection of Fort Couch Road and Washington Road (52k VPD)
(Source: CoStar, PDOT 2025).

Investment Highlights

  • Well Established Bethel Park Retail and Medical Office Area | Nearby Retailers and Medical Services Include: South Hills Village Mall, UPMC Heart and Vascular, and Others
  • Affluent Community with an Average Household Income of Over $146K within One Mile of the Subject Asset, as of 2024
  • Subject is 15 Miles from Pittsburgh International Airport, Serving 10M Passengers Annually (flypittsburgh.com)
  • Parks and Outdoor Recreational Facilities Nearby Include: Gilfillan Park, St. Clair Country Club, South Park Golf Course, The Cascades, Phipps Conservatory, Benedum Center for the Performing Arts, The Andy Warhol Museum, Hays Woods, Six Professional Sports Teams, and More
  • Subject is 21 Miles from Downtown Pittsburgh with a Population of 307,668

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Drug Store

Absolute Net Walgreens in Affluent Bethel Park

Listing Price: $5,874,033

Cap Rate
9.00%
Tenant Name
Walgreens
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$35.67

Investment Highlights

  • Well Established Bethel Park Retail and Medical Office Area | Nearby Retailers and Medical Services Include: South Hills Village Mall, UPMC Heart and Vascular, and Others
  • Affluent Community with an Average Household Income of Over $146K within One Mile of the Subject Asset, as of 2024
  • Subject is 15 Miles from Pittsburgh International Airport, Serving 10M Passengers Annually (flypittsburgh.com)
  • Parks and Outdoor Recreational Facilities Nearby Include: Gilfillan Park, St. Clair Country Club, South Park Golf Course, The Cascades, Phipps Conservatory, Benedum Center for the Performing Arts, The Andy Warhol Museum, Hays Woods, Six Professional Sports Teams, and More
  • Subject is 21 Miles from Downtown Pittsburgh with a Population of 307,668

Investment Overview

Subject is a 14,820 Square-Foot Walgreens on a 1.29-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress on a Signalized Intersection in the Bethel Park Area of Pittsburgh. Walgreens is Corporate Guaranteed, and has Just Over Five Years Remaining with 10 x 5-Year Options Remaining. Great Development Location - Robust Traffic Counts at the Intersection of Fort Couch Road and Washington Road (52k VPD) (Source: CoStar, PDOT 2025).

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

MM Texture Background
MM Textured Background Lower