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Citizens Bank 205 E Waterfront Dr 5,665 SF 100% Leased Retail Building Homestead, PA 15120 $4,383,000 ($773.70/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee | Investment Grade Tenant (Fitch: BBB+) | $217.5 Billion in Assets
- Situated Within The Waterfront Shopping Center | 4.9 Million Annual Visits
- Pittsburgh Suburb | 2.3 Million Metro Residents
- Absolute NNN Lease | 9 Years Remaining | 6% Rent Increases
- Large 1.47-Acre Parcel Along Waterfront Drive | Ample Parking
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
5,665 SF
Building Class
B
Year Built
2005
Price
$4,383,000
Price Per SF
$773.70
Cap Rate
5.75%
NOI
$252,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.47 AC
Zoning
C1
Parking
55 Spaces (9.71 Spaces per 1,000 SF Leased)
Frontage
113’ on E Waterfront Dr
AMENITIES
- Bus Line
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Second generation restaurant space with existing hood and walk-in cooler. Located near a bustling shopping area with high visibility at the Waterfront.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,111 SF | Restaurant | - | 30 Days |
1st Floor
| Size |
| 3,111 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| 30 Days |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 3,111 SF |
| Space Use | Restaurant |
| Position | - |
| Available | 30 Days |
Second generation restaurant space with existing hood and walk-in cooler. Located near a bustling shopping area with high visibility at the Waterfront.
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0130-E-00050-0000-00 | Improvements Assessment | $865,000 |
| Land Assessment | $735,000 | Total Assessment | $1,600,000 |
PROPERTY TAXES
Parcel Number
0130-E-00050-0000-00
Land Assessment
$735,000
Improvements Assessment
$865,000
Total Assessment
$1,600,000
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Citizens Bank | 205 E Waterfront Dr
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