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KeyBank 200 W Beau St 20,206 SF Retail Building Washington, PA 15301 $4,249,004 ($210.28/SF) 5.50% Cap Rate
Investment Highlights
- Absolute Triple-Net (NNN) Lease | Early Lease Extension | Eleven (11) Years Remaining | Strong Site Commitment | Pittsburgh, PA MSA
- Only KeyBank Location In The Zip Code | #12 Highest Deposits Out Of Eighty-Six (86) KeyBank Locations In The State Of Pennsylvania
- $105.73 Million+ Annual Deposits | Significantly Above The National Average
- 1.35-Acre Lot | 20,206 Square-Foot Building | Priced Below Replacement Costs | Two (2) Separate Access Points Along W Beau St
Executive Summary
Surmount is pleased to present the exclusive listing for a KeyBank located at 200 West Beau St, Washington, PA 15301. The site consists of roughly 20,206 rentable square feet of building space on an estimated 1.35-acre parcel of land. This KeyBank is subject to a 11-year Triple Net (NNN) lease, which commenced 8/15/2010. The current annual rent is $233,695 and has scheduled increases of 3.00% annually until 2031.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
20,206 SF
Building Class
C
Year Built
1969
Price
$4,249,004
Price Per SF
$210.28
Cap Rate
5.50%
NOI
$233,695
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
1.35 AC
Frontage
220’ on Beau St
Moderately walkable
60/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7100120000000101 | Improvements Assessment | $933,900 |
| Land Assessment | $321,000 | Total Assessment | $1,254,900 |
Property Taxes
Parcel Number
7100120000000101
Land Assessment
$321,000
Improvements Assessment
$933,900
Total Assessment
$1,254,900
Contacts
-
Judson Kauffman -
Hannan Ben Yosef -
Matthew Sorace -
Christopher Marks -
Glen Kunofsky -
Surmount
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Presented by
KeyBank | 200 W Beau St
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