3739-3755 William Penn Hwy - Retail FOR SALE


Monroeville, PA 15146
$12,000,000 USD
646-841-0637
3739-3755 William Penn Hwy, Monroeville, PA for Sale
$12,000,000 USD
Retail - FOR SALE
1/7
null | 5% Cap Rate

3739-3755 William Penn Hwy
Monroeville, PA 15146


HIGHLIGHTS

  • Brand New 99-Year Ground Lease
  • Fully Passive Real Estate Investment
  • Highly Secure Investment Backed by Strong Land and Residual Value
  • (BLVD) Special Boulevard Zoning | Mix of Commercial & Residential Development Uses
  • Improvements Occupied by National Tenants | Fantastic Leasing Momentum
  • Excellent Retail Corridor | Recent Purchase of Monroeville Mall by Walmart

OVERVIEW

Highly Secure & Fully Passive Long-Term Investment Backed by Strong Land and Residual Value

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Holiday Centre (Ground Lease)

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

633

LAND DETAILS

CROSS STREETS

Rte. 22 (Business)

LAND ACRES

13.23 AC

LAND SF

576,299 SF

ZONING

BLVD

APN/PARCEL ID

0638-R-00064-0000-00

ASK ABOUT THIS PROPERTY

John RotunnoNorthmarqMore Info
646-841-0637

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John RotunnoNorthmarqMore Info
646-841-0637

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