223 Siebert Rd - Veterinarian/Kennel FOR SALE


Pittsburgh, PA 15237
$6,000,000 USD
412-535-5756
223 Siebert Rd, Pittsburgh, PA for Sale
$6,000,000 USD
Veterinarian/Kennel - FOR SALE
1/4
null | 7.21% Cap Rate

223 Siebert Rd
Pittsburgh, PA 15237


HIGHLIGHTS

  • Stable turn-key investment with just over 4 years remaining on a NNN lease with two 5 year options to extend.
  • Scheduled rental increases, a strong hedge against inflation.
  • Purpose built, well established business.
  • Prime location along major retail corridor in Ross Twp.
  • NOI = $432,797.93
  • 7.2% Cap Rate

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present for sale 223 Siebert Road in Pittsburgh. This property is leased to Northview Animal Hospital which is owned and operated by VCA, a national vet operator with over 1000 locations across the country. Northview Animal Hospital was founded in 1978 and is a long established and well respected full service veterinary hospital in the area. Located just off of McKnight Road, this site is in the heart of the busy retail corridor leading up to the nearby Ross Park Mall. This deal presents a great opportunity to acquire a triple net investment property with a well established history and backing of a national tenant.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$435 USD /SF

CAP RATE

7.21%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,407 SF

ZONING

C

APN/PARCEL ID

0352-C-00077-0000-00,0352-C-00110-0000-00

ASK ABOUT THIS PROPERTY

Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

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Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

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