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1 Kiski Ave 27,150 SF 100% Leased Office Building Leechburg, PA 15656 $1,795,000 ($66.11/SF) 7.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Spacious, private, water-front property with plenty of green space! Located in the geographical center of the Marcellus natural gas region!
EXECUTIVE SUMMARY
Prime Investment Opportunity for business relocation/expansion.
This listing comes with 8 acres of prime river-front property with multiple, large parking lots.
Idea for medical, professional office, residential buildout or light industrial.
Located in the geographical center of the Marcellus natural gas region!
Perfect for additional construction, parking (200 + parking locations), vehicle storage, staging of operations (see pictures)
Please visit: www.riverviewacres.ws
This listing comes with 8 acres of prime river-front property with multiple, large parking lots.
Idea for medical, professional office, residential buildout or light industrial.
Located in the geographical center of the Marcellus natural gas region!
Perfect for additional construction, parking (200 + parking locations), vehicle storage, staging of operations (see pictures)
Please visit: www.riverviewacres.ws
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
27,150 SF
Building Class
A
Year Built/Renovated
1960/2018
Price
$1,795,000
Price Per SF
$66.11
Cap Rate
7.80%
NOI
$140,010
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,050 SF
Building FAR
0.08
Lot Size
8.00 AC
Zoning
Professional Campus - Professional Campus:
Light Industrial, Clinic (Medical), Business and/or Medical Office, Education, Single-Multi Unit Housing.
Parking
200 Spaces (0 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Security System
- Signage
- Waterfront
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Allegheny Valley Institute Of Technology, Inc.
- Educational Services
- 3,000 SF
- -
- Full Service
- -
- American Safety & Health Consulting & Training Ser
- Educational Services
- 3,000 SF
- -
- Single Net
- Jul 2030
- Merakey Education Center
- Educational Services
- 18,000 SF
- -
- Plus Utilities
- Aug 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Allegheny Valley Institute Of Technology, Inc. | Educational Services | 3,000 SF | - | Full Service | - | |
| American Safety & Health Consulting & Training Ser | Educational Services | 3,000 SF | - | Single Net | Jul 2030 | |
| Merakey Education Center | Educational Services | 18,000 SF | - | Plus Utilities | Aug 2028 |
PROPERTY TAXES
| Parcel Number | 26-0-016646 | Improvements Assessment | $136,890 |
| Land Assessment | $151,140 | Total Assessment | $288,030 |
PROPERTY TAXES
Parcel Number
26-0-016646
Land Assessment
$151,140
Improvements Assessment
$136,890
Total Assessment
$288,030
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Allegheny Valley Institute Of Technology, Inc.
1 Kiski Ave
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