Zerorez® of Pittsburgh
Industrial | 7.50% CAP | 15,200 SqFt
Marketing description
This single-tenant net-leased Zerorez property presents a rare opportunity to acquire a well-located, service-based asset backed by a nationally recognized brand. Zerorez, an innovative leader in carpet and surface cleaning, occupies the facility under a long-term lease, ensuring income stability and minimal landlord responsibilities.
Positioned just minutes from Pittsburgh in the affluent suburb of Sewickley, the property benefits from excellent access to major roadways, a dense residential population, and strong regional demographics. Zerorez’s commitment to eco-friendly, high-demand services and their growing national footprint make this a highly attractive investment with durable tenant appeal.
Ideal for passive investors seeking steady cash flow, this asset combines strong real estate fundamentals with the backing of a nationally expanding operator in the essential home services sector.
Investment highlights
Absolute NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM) making this an ideal investment for investors seeking true passive incoming producing assets with zero landlord responsibilities.
Healthy Lease Remaining - +/-7 Years remaining on an original 10-year lease that commenced during the 2022 Fiscal Calendar Year.
Niche Market - This will be the company’s second location in the state of Pennsylvania, and their first outside of downtown Pittsburgh, less than 20 miles away in efforts to capture additional market share from an already proven consumer base.
Strong Customer Base - Wealthy suburb, service based with repeat contracts, over 11,000 Google reviews with an outstanding 4.9 rating.
Company Overview - Founded in 2001, Zerorez® is a multi-national, multi-surfaces cleansing company, with thousands of employees cleaning over 1,500 homes a day.
Total Locations - 100 Total Locations worldwide including 1 location in Canada & 1 location in the UK - Parent company owns 18 total sites and receives royalty payments from their 62 franchisees.
Healthy Corporate Financials - Corporate Guarantee from parent company with $75M in top line revenue.
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