1203 Pittsburgh St - Auto Repair FOR SALE


Cheswick, PA 15024
$1,046,153 USD
917-697-3215
1203 Pittsburgh St, Cheswick, PA for Sale
$1,046,153 USD
Auto Repair - FOR SALE
1/3
null | 6.5% Cap Rate

1203 Pittsburgh St
Cheswick, PA 15024


HIGHLIGHTS

  • New 10-Year Corporate Lease
  • Scheduled Rent Increases
  • Corporate Brand Recognition
  • Historical Occupancy

OVERVIEW

Surmount is pleased to present the exclusive listing for a Valvoline located at 1203 Pittsburgh Street, Cheswick, PA 15024. The site consists of roughly 1,925 rentable square feet of building space on an estimated .21-acre parcel of land. Valvoline is subject to a 10-year Corporate lease, which expires December 2034. The current annual rent is $68,000 and has scheduled increases of 7.50% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,046,153 USD

PRICE/SF

$543 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,218 SF

ZONING

-

APN/PARCEL ID

0530-S-00081-0000-00

ASK ABOUT THIS PROPERTY

Anthony BirdSurmountMore Info
917-697-3215

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Anthony BirdSurmountMore Info
917-697-3215

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