6011 National Pike - Storefront FOR SALE
Grindstone, PA 15442 |
$860,000 USD
704-379-1985
6011 National Pike
Grindstone, PA 15442
HIGHLIGHTS
- Below market rent | Easily replaceable rent and potential future value add upside if tenant should leave
- Corporate lease | Advance Stores Company, Inc. | 4,285 locations across 3 countries
- Long operating history | Leased since 1997 | Proven client base | Tennat has extended the lease 3 separate times showing loyalty to the site
- Rare 15.80% rent increase in option 1 set to occur in 2031
- 4.5 miles from Monongahela Valley Hospital | 200 beds
- 10 minutes from PennWest California | 2,717 students
FOR SALE DETAILS
PRICE
$860,000 USD
PRICE/SF
$161 USD /SF
CAP RATE
7.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,651 SF
ZONING
-
APN/PARCEL ID
30-04-0069
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704-379-1985
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704-379-1985
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