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31594361

1500 W Chestnut Street, Washington, PA 15301

SS
MI 6501398326
Friedman Real Estate
DL
MI 6505228398
Friedman Real Estate
Friedman Real Estate
Listed by Friedman Real Estate
$7,143,000
87 days on market
Updated 0 days ago

MAC Discount | MAC.BID | Pittsburgh, PA

Details
Property Type Industrial, Retail
Sub Type Distribution, Flex (+1)
Square Footage 147,608
Cap Rate 7.00%
NOI $500,000
Occupancy 100%
Lease Type NNN
Lease Expiration 08/31/2031
Remaining Term 5.2
Year Built 1969
Year Renovated 2021
Acreage 9.180
Investment Type Net Lease

Industrial / Retail | 7.00% CAP | 147,608 SqFt

Investment highlights

  • Strong National Operator: MAC Discount | MAC.BID is one of the nation’s largest buyers of returned and overstock goods from major retailers, distributing inventory through its in -store locations, online marketplace, and daily auction platform

  • Mission -Critical Facility: The subject property serves as a key warehouse, processing, and fulfillment center within the tenant’s regional logistics network

  • NNN Lease with Limited Landlord Responsibility: Tenant reimburses for taxes, insurance, and operating expenses, with landlord responsibility limited to the roof, which is currently under warranty

  • Strong In -Place Income with Term Remaining: Lease in -place through August 31, 2031, providing approximately 5.5 years of remaining term and stable in -place cash flow

  • Separate Ownership Within Major Redevelopment: Standalone parcel positioned within Franklin Crossroads Park, a large -scale industrial conversion of the surrounding mall backed by institutional ownership

Listing Contacts

SS
MI 6501398326
Friedman Real Estate
DL
MI 6505228398
Friedman Real Estate
Friedman Real Estate
Listed by Friedman Real Estate

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$500,000.00
$41,666.67/mo

Valuation Metrics

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DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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C-2 CommercialSpecial CommercialRegional Commercial District
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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