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1716 Lincoln Hwy 2,089 SF 100% Leased Retail Building North Versailles, PA 15137 $910,000 ($435.62/SF) 5.49% Cap Rate
Investment Highlights
- Prominently visible and accessible location on US-30
- 2,089 SF building with three auto service bays
- Fully occupied by auto service and repair company
- Located within densely populated and commercial corridor
Executive Summary
Colliers is pleased to present the opportunity to acquire a 2,089-square-foot, freestanding retail building located at 1716 Lincoln Highway in North Versailles, PA.
This property is fully occupied by Valvoline, an auto service and repair business, with a remaining lease term of 14.25 years. The building encompasses 2,089 square feet on a 0.56-acre lot that offers immediate access to US Route 30. The property includes 3 auto service bays, onsite parking, and attached office/retail space.
Located on a prominent throughway, 1716 Lincoln Highway offers exceptional access to surrounding residential and retail clusters: 127,000+ residents with an average household income of $83,939 live within a 5-mile radius, supporting the proximal Rt. 30 retail corridor that includes Home Depot, Tractor Supply Co., Walmart, AutoZone, Planet Fitness, and dozens of local restaurants, businesses and services.
1716 Lincoln Highway sits directly between a highly-trafficked Speedway gas station and convenience store, a Dollar General, and O’Reilly Auto Parts location, and is prominently visible from US Route 30.
North Versailles is located just 12 miles southeast of Downtown Pittsburgh, and is part of the larger Pittsburgh MSA. The subject property is positioned within a primary commercial corridor in the area, surrounded by a developed suburban section of the North Versailles Township. The local economy is largely driven by retail and hospitality, hardware distribution, and light manufacturing.
For additional information about this investment opportunity, please contact any of our listing team members: Mark E. Anderson, Ian Dupre, Jim Rock, or Suzanne Schefcik.
This property is fully occupied by Valvoline, an auto service and repair business, with a remaining lease term of 14.25 years. The building encompasses 2,089 square feet on a 0.56-acre lot that offers immediate access to US Route 30. The property includes 3 auto service bays, onsite parking, and attached office/retail space.
Located on a prominent throughway, 1716 Lincoln Highway offers exceptional access to surrounding residential and retail clusters: 127,000+ residents with an average household income of $83,939 live within a 5-mile radius, supporting the proximal Rt. 30 retail corridor that includes Home Depot, Tractor Supply Co., Walmart, AutoZone, Planet Fitness, and dozens of local restaurants, businesses and services.
1716 Lincoln Highway sits directly between a highly-trafficked Speedway gas station and convenience store, a Dollar General, and O’Reilly Auto Parts location, and is prominently visible from US Route 30.
North Versailles is located just 12 miles southeast of Downtown Pittsburgh, and is part of the larger Pittsburgh MSA. The subject property is positioned within a primary commercial corridor in the area, surrounded by a developed suburban section of the North Versailles Township. The local economy is largely driven by retail and hospitality, hardware distribution, and light manufacturing.
For additional information about this investment opportunity, please contact any of our listing team members: Mark E. Anderson, Ian Dupre, Jim Rock, or Suzanne Schefcik.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,089 SF
Building Class
C
Year Built
1994
Price
$910,000
Price Per SF
$435.62
Cap Rate
5.49%
NOI
$50,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
MU - Mixed Use Zoning
Parking
10 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
130’ on Lincoln Hwy
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0645-M-00257-0000-00 | Improvements Assessment | $181,500 |
| Land Assessment | $223,000 | Total Assessment | $404,500 |
Property Taxes
Parcel Number
0645-M-00257-0000-00
Land Assessment
$223,000
Improvements Assessment
$181,500
Total Assessment
$404,500
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1716 Lincoln Hwy
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