Listed by KW Commercial Pittsburgh South
$1,980,000
OReilly's Auto Parts
Details
Property Type Retail
Sub Type Storefront
Square Footage 7,200
Net Rentable (SqFt) 7,200
Cap Rate 5.25%
NOI $104,000
Tenancy Single
Brand/Tenant O'Reilly Auto Parts
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 5
Price per SqFt $275
Broker Co-Op Yes
Class A
Year Built 2023
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.780
Zoning C1
Parking Spaces 65 spaces
Parking per 1,000 SqFt 9.03
Investment Type Net Lease
Lease Commencement 07/11/2023
Occupancy Date 07/12/2023
Ground Lease No
Ownership 845 4th Ave,LLC
Sale Condition 1031 exchange
Retail | 5.25% CAP | 7,200 SqFt
Marketing description
.
Store is community fulfillment retailer, near hotels, restaurants , and interstates. Minutes from Pittsburgh International Airport,
New built 2023, 15 year first term lease, multiple 5 yr options, corporate guarantee, class A construction, increasing sales
every month. Make offer 1031 needed by Seller
Listing Contacts
Listed by KW Commercial Pittsburgh South
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,000.00
$8,666.67/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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