West Alexander, PA
Great location at end of I-70 ramp, zero turn radius, no zoning.
Marketing description
This ideal location on Exit 1 off of I-70 has a 0-turn entrance from interstate with entrance gate directly at end of ramp.
Rough grading has been completed and a final grading permit approved for the entire combined site.
Estimated 12-13 flat acres available after grading.
Includes 1800 sq.ft. fabric building
NO Zoning
Storm water infrastructure installed for existing top.
Electricity, Water, Cable on site. Sewage and Gas at street.
Great placement between PA turnpike, Pittsburgh and Columbus.
Ten Minute drive to Highlands Mega shopping district. (See cluster of retail stores attached.)
Third most busiest roadway in PA with incredible amount of daily traffic on I-70.
2022 DCMT of 3,510,405 (Daily Vehicle Miles of Travel.)
Energy Community Tax Credit Bonus available. See attached from Dept of Energy
Drone video available at YouTube. Search: Risk Horizons at West Alex, PA
Investment highlights
ROI and Pro Forma Cap Rate based on lease rate for existing finished 3.3 acres. Current monthly lease is $7,733 after annual inflation adjustment. Pro Forma Cap Rate increases to over 8% (by extension.) Calculated by applying existing lease rate to 12+ improved acres; prior to realizing cost of completing remaining earth work. See Grading Plan.
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