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1735 Prospect
Pittsburgh, PA 15236
Gerber Collision & Glass · Retail Property For Sale
Investment Highlights
- Corporate guaranteed by the 2nd largest collision company in the US and Canada – Leased to Gerber Collision & Glass, over 1,000 locations
- 5% rental increases every five years
- Double net lease – Passive ownership structure
- 10,901 SF on three parcels (16.68 acres
- Gerber Collision & Glass recently exercised their 2nd option to renew, showing commitment to the site
- 235,000 population within 5 miles of the property
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,901 SF
Building Class
C
Year Built
1980
Price
$2,083,000
Price Per SF
$191.08
Cap Rate
6.35%
NOI
$132,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
16.68 AC
Zoning
C-2
Amenities
- Fenced Lot
- Signage
Property Taxes
| Parcel Number | 0246-K-00112-0000-00 | Improvements Assessment | $698,100 |
| Land Assessment | $83,000 | Total Assessment | $781,100 |
Property Taxes
Parcel Number
0246-K-00112-0000-00
Land Assessment
$83,000
Improvements Assessment
$698,100
Total Assessment
$781,100
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