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

Jun '30


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.
  • Multiple new developments surround the property and will be breaking ground in the next few months.

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. Multiple new developments surround the property and will be breaking ground in the next few months.

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

ADD'L SUBTYPES

Showroom

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.