1716 Lincoln Hwy - Auto Repair FOR SALE


North Versailles, PA 15137
$910,000 USD
412-321-4200
1716 Lincoln Hwy, North Versailles, PA for Sale
$910,000 USD
Auto Repair - FOR SALE
1/7
null | 5.49% Cap Rate

1716 Lincoln Hwy
North Versailles, PA 15137


HIGHLIGHTS

  • Prominently visible and accessible location on US-30
  • Fully occupied by auto service and repair company
  • 2,089 SF building with three auto service bays
  • Located within densely populated and commercial corridor

OVERVIEW

Colliers is pleased to present the opportunity to acquire a 2,089-square-foot, freestanding retail building located at 1716 Lincoln Highway in North Versailles, PA. This property is fully occupied by Valvoline, an auto service and repair business, with a remaining lease term of 14.25 years. The building encompasses 2,089 square feet on a 0.56-acre lot that offers immediate access to US Route 30. The property includes 3 auto service bays, onsite parking, and attached office/retail space. Located on a prominent throughway, 1716 Lincoln Highway offers exceptional access to surrounding residential and retail clusters: 127,000+ residents with an average household income of $83,939 live within a 5-mile radius, supporting the proximal Rt. 30 retail corridor that includes Home Depot, Tractor Supply Co., Walmart, AutoZone, Planet Fitness, and dozens of local restaurants, businesses and services. 1716 Lincoln Highway sits directly between a highly-trafficked Speedway gas station and convenience store, a Dollar General, and O’Reilly Auto Parts location, and is prominently visible from US Route 30. North Versailles is located just 12 miles southeast of Downtown Pittsburgh, and is part of the larger Pittsburgh MSA. The subject property is positioned within a primary commercial corridor in the area, surrounded by a developed suburban section of the North Versailles Township. The local economy is largely driven by retail and hospitality, hardware distribution, and light manufacturing. For additional information about this investment opportunity, please contact any of our listing team members: Mark E. Anderson, Ian Dupre, Jim Rock, or Suzanne Schefcik.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$436 USD /SF

CAP RATE

5.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,311 SF

ZONING

MU

APN/PARCEL ID

0645-M-00257-0000-00

ASK ABOUT THIS PROPERTY

Ian DupreColliersMore Info
412-321-4200

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Ian DupreColliersMore Info
412-321-4200

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