2244 Oakland Ave
Indiana, PA 15701

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in AYR Wellness & Jersey Mike’s property located in Indiana, Pennsylvania (the “Property”). The Property is occupied by a desirable tenant lineup including AYR Wellness and Jersey Mike’s Subs. Each tenant is operating under passive net leases with limited landlord responsibilities, plus an outstanding weighted average lease term of nearly of 9 years.
The Property is located at the corner of McKnight Road and Oakland Avenue with two points of access into the site. The Property is located along Indiana’s primary retail corridor, within close proximity to the Indiana Mall. This shopping mall is home to many national retailers such as Dunham’s Sports, Harbor Freight Tools, JCPenney, Kohl’s and Maurices. Additionally, there are many other traffic drivers in the surrounding trade area including Walmart, ALDI, Lowe’s, Giant Eagle, PetSmart and TJ Maxx. The site is less than two miles from the Indiana University of Pennsylvania (IUP) campus, with over 11,000+ students. The university’s presence positively contributes to the local economy, increasing demand for retail services, dining options, and other amenities while providing solid fundamentals for the local business community.