449 McCormick Rd - Industrial FOR SALE


Coraopolis, PA 15108
$3,100,000 USD
412-535-5756
449 McCormick Rd, Coraopolis, PA for Sale
$3,100,000 USD
Industrial - FOR SALE
1/11
null | 6.96% Cap Rate

449 McCormick Rd
Coraopolis, PA 15108


HIGHLIGHTS

  • 100% Occupied - Government Leased Offering
  • Property has been Police Barracks for 20 years
  • Great Passive Cashflow opportunity
  • New roof (2024) and HVAC (2025)
  • Parking lot repaved in 2020 for $76k
  • (2) five-year renewal options

OVERVIEW

SVN | Three Rivers Commercial Advisors is pleased to present for sale 449 McCormick Rd. This single tenant 15,680 SF building is leased to the Pennsylvania State Police, with approximately 2 years remaining on the lease, and the tenant holds two (2) five-year renewal options. Ideal Investment opportunity: Government leased property. The facility has been used as a state police barracks for 20 years. The property features 14 offices, a lobby, several restrooms, men's and women's locker rooms, a classroom, fitness room, storage room and a garage among several other spaces. New roof (2024) and HVAC (2025). Tenant pays electric, gas, janitorial, snow removal, and landscaping.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

6.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.63

LAND SF

158,123

ZONING

BP

APN/PARCEL ID

0500-F-00278-0000-00

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 Notice.