Property History
Lee & Associates National Investment Services Group, (“NISG”) is pleased to present qualified investors the opportunity to acquire the Fee Simple Interest in 455 Racetrack Road, Washington, PA 15301, (“The Subject Property”), Pittsburgh, PA MSA. The offering consists of a 27,057 SF office building situated on a 1.4 acre parcel. The subject property is 100% leased to Columbia Gas Transmissions, LLC a wholly owned subsidiary of TC Energy. Columbia Gas Transmissions recently modified and extended their lease providing firm term through 2036.
Columbia Gas Transmission, LLC, a subsidiary of TC Energy, operates one of the nation’s largest and most critical natural gas pipeline systems. Strategically positioned across the eastern U.S., Columbia connects major supply basins to key population centers—helping fuel homes, businesses, and industries with safe, reliable, and cleaner energy.
- Mission Critical facility for Columbia Gas Transmission. The property is located in the heart of Washington, PA which is the epicenter of the oil and gas related business services in Western PA. This superior location services both the Marcellus Shale and Utica Natural Gas deposits regions stretching across Western PA and into New York State and Ohio.
- Recent early 10 year lease extension demonstrates tenants long term commitment to both this property and the region.
- Located less than approximately 1/4 mile from PA I-79 with direct connectivity to PA I-70. These two Highway systems connect Western PA and provide ease of access to active drill sites and Columbia Gas Transmissions core business services.
- Recent capital improvements to property including new roof in 2023 with 20 YR warranty and comprehensive updates to the HVAC systems
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