Listed by Totum Realty Advisors
$3,600,000
310 Alpha Dr
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 32,000
Cap Rate 7.56%
NOI $272,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 7
Lease Options Two (2) Five (5) Year Extensions
Year Built 1972
Acreage 2.800
Loading Docks 5
NNN INVESTMENT PROPERTY FOR SALE IN RIDC PARK - PITTSBURGH
Marketing description
Introducing a prime investment opportunity at 310 Alpha Dr, Pittsburgh, PA. This 32,000 SF industrial gem, built in 1974, boasts full occupancy and is ideally situated in RIDC Park a Suburban Manufacturing District. With a strategic Pittsburgh location, it offers optimal access for warehousing, distribution, and industrial operations. Investors will appreciate the solid occupancy and the potential for future growth in this thriving area. Don't miss out on this turnkey investment in the heart of Pittsburgh's industrial hub.
Investment highlights
- Five Loading Doors
- Easy access to Route 28 and I76
- 100% Occupied
- Ample On-Site Parking
- $272,000 NOI Annually
- NNN
- 7 year initial lease in place with two (2) five (5) year extensions
Listing Contacts
Listed by Totum Realty Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$272,000.00
$22,666.67/mo
Valuation Metrics
0
DSCR
7.56%
Cap Rate
7.56%
ROI
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