2858 Banksville Rd - Retail FOR SALE
Pittsburgh, PA 15216 |
2858 Banksville Rd
Pittsburgh, PA 15216
HIGHLIGHTS
- Features limited landlord responsibilities due to a NN+ lease and interior and electrical of Dollar Tree’s building was completely renovated in 2021
- Dollar Tree’s lease commenced at this location in late 2020 and has 9+ Years remaining with two five-year options to renew
- Dollar Tree, Inc. guarantees the lease and is an investment grade credit tenant, rated BBB by Standard & Poor’s
- Dollar Tree's lease features a 4% rental increase every five years (next occurring in 2025), which offer a hedge against inflation
- Dense, infill Pittsburgh location with 20,850 people within 1-mile, 142,444 people within 3-miles and 311,143 people within 5-miles
- Tremendous visibility on Banksville Road with over 25,000 vehicles per day passing by this site
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Dollar Tree | Pittsburgh, PA
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
10132
STORIES
1
YEAR BUILT
1962
SPRINKLERS
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PARKING SPACES
25
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0036-R-00085-0000-00
