11 Progress Ave - Warehouse FOR SALE


Cranberry Township, PA 16066
$6,750,000 USD
724-316-5327
11 Progress Ave, Cranberry Township, PA for Sale
$6,750,000 USD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

11 Progress Ave
Cranberry Township, PA 16066


HIGHLIGHTS

  • Prime Cranberry Township location with Route 19 frontage.
  • Minutes from I-79 and PA Turnpike for regional access.
  • 6.53-acre site with expansion or redevelopment potential.

OVERVIEW

Positioned in the heart of Cranberry Township, one of Pittsburgh’s most dynamic suburban markets, 11 Progress Avenue offers investors a rare opportunity to acquire a stabilized industrial asset with long-term upside. This 40,981-square-foot facility sits on 6.53 acres along Route 19, delivering exceptional visibility and access via a signalized intersection. The property benefits from a recently installed roof, reducing near-term capital expenditure risk, and features ample on-site parking to support tenant operations. A new five-year lease with a creditworthy tenant ensures immediate cash flow, while the site’s generous acreage and frontage create future redevelopment or expansion potential. Located minutes from I-79 and the Pennsylvania Turnpike, the property provides seamless regional connectivity for distribution and light manufacturing users. Cranberry Township’s robust demographics—high household incomes and strong consumer spending—further enhance the asset’s long-term value proposition.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

25

PARKING SPACES

25

LAND DETAILS

LAND ACRES

6.53

LAND SF

284,447

ZONING

-

APN/PARCEL ID

130-S7-J13-0000

ASK ABOUT THIS PROPERTY

AJ PantoniHanna Commercial Real Estate | PittsburghMore Info
724-316-5327

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AJ PantoniHanna Commercial Real Estate | PittsburghMore Info
724-316-5327

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.