This property is Off-Market

1001 Commerce Park Blvd., Route 910
Pittsburgh, PA 15024 ·

28,080 SF · Office For Sale

N/A

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J.C. Penney Company Call Center

Price N/A Cap Rate 8.24%
Building Size 28,080 SF Tenancy Single
Property Type Office Year Built 1998
Property Sub-type Office Building Lot Size 6.85 AC
Property Use Type Investment
Listing ID: 13612488 Date Created: 01/08/2003 Last Updated: 07/15/2003

Description

Great Net Leased Investment Property! This free-standing single story office building was newly constructed in 1998 having construction consisting of split-faced concrete block and structural steel columns. Leased to JC Penney Company, Inc. for 20 years, this facility serves as a call center for both JC Penney's catalog and Eckerd Health Services (Eckerd being a subsidiary of JC Penney Company, Inc.). 358 parking spaces including 5 handicap spaces.

Situated approximately 10 miles Northeast of the City of Pittsburgh, the property is located in Harmar Township. The property is located on PA Route 910, which serves as one of five concentric beltways around the Pittsburgh metropolitan area and is less than two miles North of PA Route 28. Additionally, Exit 5 of the Pennsylvania Turnpike is less than one mile East of the intersection of PA Route 910 and PA Route 28.

Highlights

  • 20 Year Triple Net Lease
  • Perfect for 1031 buyer seeking passive investment
  • Nationally Recognized Retailer!
  • S&P Credit Rating: BBB-
  • Brand New Construction
  • Excellent location to highways and PA Turnpike

Research

1001 Commerce Park Blvd., Route 910, Pittsburgh, PA 15024

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