3911 William Penn Hwy - Freestanding FOR SALE
Monroeville, PA 15146 |
$2,315,262 USD
332-345-4202
3911 William Penn Hwy
Monroeville, PA 15146
HIGHLIGHTS
- Double-Net (NN) Lease | Minimal Landlord Responsibilities | The lease of the subject property is double-net with limited landlord responsibilities
- Tenant Recently Executed A Seven (7)-Year Lease | Extension | 15+ Year Operating History Men’s Wearhouse entered the space in 2010
- Roof Replaced In 2023 | Twenty (20)-Year Warranty | The landlord is only responsible for the roof and structure of the property
OVERVIEW
Surmount is pleased to present the exclusive listing for a Men's Wearhouse located at 3911 William Penn Highway, Monroeville, PA 15146. The site consists of roughly 6,051 rentable square feet of building space on an estimated 0.54-acre parcel of land. This Men's Wearhouse is subject to a 10-year Double Net (NN) lease, which commenced 8/1/2010. The current annual rent is $185,221 and has scheduled increases of 10.00% every 5 years.
FOR SALE DETAILS
PRICE
$2,315,262 USD
PRICE/SF
$383 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Men's Wearhouse
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.54 AC
LAND SF
23,522 SF
ZONING
-
APN/PARCEL ID
0743-K-00293-0000-00
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332-345-4202
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332-345-4202
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