3100 Shenango Valley Fwy - Restaurant FOR SALE


Hermitage, PA 16148
$2,075,000 USD
202-286-1542
3100 Shenango Valley Fwy, Hermitage, PA for Sale
$2,075,000 USD
Restaurant - FOR SALE
1/6
null | 6.76% Cap Rate

3100 Shenango Valley Fwy
Hermitage, PA 16148


OVERVIEW

• Over four years remain on the initial lease term, with three (3) five-year renewal options, demonstrating long-term tenant commitment • Scheduled 10% rent increases at the start of each renewal option provide built-in income growth and a reliable hedge against inflation • The lease is backed by a corporate guaranty from Blazin Wings, Inc. (dba Buffalo Wild Wings), a nationally recognized casual dining brand with a strong presence across the U.S. • Blazin Wings, Inc. is owned by Inspire Brands, Inc., one of the largest restaurant groups in the country, operating more than 32,000 locations and generating over $31 billion in system-wide sales in 2024, demonstrating broad market strength and long-term operational stability • The lease is structured as NNN, with the tenant responsible for nearly all expenses, while the landlord is responsible only for the exterior foundations, structure, exterior walls, downspouts, gutters, and roof • This low-management structure is ideal for passive investors seeking dependable cash flow without day-to-day operational involvement • Located at the signalized, hard corner intersection of Shenango Valley Freeway (12,200 VPD) and Gilmcher Blvd, the property offers strong frontage and visibility from two high-traffic corridors • Just two minutes from S. Hermitage Road / State Highway 18, which sees 22,100 VPD, offering additional regional exposure • Positioned as an outparcel to a Kohl’s-anchored shopping center, neighboring national tenants including Taco Bell, Pizza Hut, and GetGo Gas Station • Located within one mile of a robust lineup of national retailers such as Lowe’s, Tractor Supply Co., Home Depot, Hobby Lobby, Staples, Planet Fitness, Aldi, and others, reinforcing strong consumer draw and regional traffic patterns • Strong tenant synergy across adjacent and nearby retailers supports consistent foot traffic, cross-shopping activity, and long-term retail demand in the immediate trade area • The 5-mile trade area includes over 47,000 residents and nearly 25,000 employees, providing a strong and stable consumer base • Numerous established residential communities are located just a short drive east of the property, including Penngrove Village Apartments, Hermitage Woods Luxury Suites, and Concord Apartments • Average household income exceeds $92,000 within a 1-mile radius, reinforcing durable retail spending power and long-term demand

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$402 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

12-329-027-001

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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