1531 - 1533 Lincoln Way, Mckeesport, PA

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.

New Search

DetailMap

Forward to a Colleague

Print Property

1531 - 1533 Lincoln Way

Mckeesport, PA 15131 - Parkway East Corridor Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing , Renov 2006 Year Built:1965

Building Size:4,200 SF Land Area:.33 AC (14,375 SF)

For Sale Price:$389,000 Price/SF:$92.62

Cap Rate:10.00 %

Parking:Free Surface spaces are available; Ratio of 9.52/1,000 SF

Features:A/C, Bus Line, Pylon Sign

Fully leased to entomologist office and Chinese restaurant. New roof, HVAC, and parking lot. Chinese restaurant lease details are 11 year lease with one 10 year renewal option, rent $1500 monthly years 1-5, $1600 monthly years 6-8, $1700 monthly years 9-10, $1800 monthly year 11. Optomologist is in the 1st of 3 one year options. Annual increases are base on CPI. Owner is negotiating new longer term lease with increases. Seller is a licensed Pennsylvania Real Estate Broker.

Location description: Located on Lincoln Way the Main Street through White Oak, Pennsylvania. Demographics are 1 mile 10,000+ 3 Mile 65,000+ 2003 Traffic Count 21,000.

Sale Notes:
NOI $36,000/yr

CLICK HERE TO CONTACT THE SALES BROKER

FOR SALE CONTACTS

Oliver Real Estate

John P Oliver

(724) 523-9780

View all my listings

Share this listing

Link in an email, IM or chat

Embed on your web site or blog

Copy and paste this HTML into your blog or web page:

<a href="http://www.showcase.com/property/1531-1533-Lincoln-Way/Mckeesport/Pennsylvania/1329716" target="_blank">1531 - 1533 Lincoln Way, Mckeesport, PA - Commercial property</a>

Send Email

From:

To:

Add More Recipients

Subject:

Add a personalized message: (Optional)