2060 Garden View Ln | Cranberry Township, PA 16066
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- LoopNet Team
2060 Garden View Ln
Cranberry Township, PA 16066
S&T Bank | Cranberry Township PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- S&T Bank recently signed a brand new 15 year NNN ground lease with the tenant responsible for all expenses.
- The lease boasts 10% every 5 years throughout the base term and in the two, five year options to renew providing consistent yield growth.
- Located less than 1 mile from on/off ramps to I-79 (65,047 VPD), on/off ramps to I-76 (37,000 VPD), and Route 19 (36,788 VPD).
- The lease is corporately guaranteed by S&T Bank, an investment grade company rated BBB by Standard & Poor’s.
- Outstanding visibility from Route 228 (25,000 VPD) and situated just feet from the signalized intersection of Route 228 and Franklin Road.
- Complementary Uses Drive Strong Daytime Population & Dominant Regional Retail Destination.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,545 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.84 AC
Zoning
CCD-2 - Commercial
Parking
14 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
132’ on Garden View Lane
PROPERTY TAXES
| Parcel Number | 130 4F44 35AJB0000 | Improvements Assessment | $50,440 |
| Land Assessment | $4,820 | Total Assessment | $55,260 |
PROPERTY TAXES
Parcel Number
130 4F44 35AJB0000
Land Assessment
$4,820
Improvements Assessment
$50,440
Total Assessment
$55,260
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