222 W 8th Ave
Homestead, PA 15120
West Homestead
HIGHLIGHTS
- Attractive Rent Growth – A contractually scheduled 10% rent increase takes effect in Jan 2027, with additional 10% rent bumps at each option period
- Strong, Nationally Diversified Operator – The property is leased to Ampex Brands, a large multi-concept franchise operating 175+ KFC locations
- Below-Market, Easily Replaceable Rent – Current rent is well below prevailing market levels, enhancing long-term durability of income
- Prime Greater Pittsburgh Location – Situated roughly 15 minutes from Downtown Pittsburgh and less than 0.5 miles from The Waterfront
- Absolute NNN Lease Structure – The property is governed by a true absolute NNN lease, requiring no landlord responsibilities
FOR SALE DETAILS
PRICE
$1,077,284 USD
PRICE/SF
$434 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0131-A-00127-0000-00
ASK ABOUT THIS PROPERTY
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216-367-7884
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216-367-7884
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