9930 Grubbs Rd - Office FOR SALE


Wexford, PA 15090
$1,600,000 USD
412-564-3344
9930 Grubbs Rd, Wexford, PA for Sale
$1,600,000 USD
Office - FOR SALE
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null | Request Cap Rate

9930 Grubbs Rd
Wexford, PA 15090


HIGHLIGHTS

  • Sale leaseback opportunity.
  • Cash flowing asset.
  • Value-add potential.
  • High visibility location.
  • Strong office submarket.
  • Tenants benefit from on-site surface parking, making access convenient.

OVERVIEW

This Offering Memorandum presents a unique sale-leaseback opportunity to acquire a prime office building, the North Park Professional Building, located at 9930 Grubbs Road in Wexford, McCandless Township, Allegheny County, Pennsylvania. The property consists of a three-story office building on a 0.928-acre parcel, offering a total of 10,272 square feet of gross building area. The seller will execute a new lease for a portion of the building, specifically for 3,424 square feet on the third floor. This transaction allows the buyer to acquire a property with immediate cash flow from a long-term lease. The remaining 6,848 square feet of the building will be delivered vacant, offering the buyer flexibility for future leasing or owner-occupancy.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

North Park Professional Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,406 SF

ZONING

C7

APN/PARCEL ID

1072-M-00007-0000-00

ASK ABOUT THIS PROPERTY

Adarryl DreherCushman & WakefieldMore Info
412-564-3344

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Adarryl DreherCushman & WakefieldMore Info
412-564-3344

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