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CITY COLLISION 2950 Penn Ave 9,600 SF Retail Building Pittsburgh, PA 15201 $4,435,108 ($461.99/SF) 6.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Matthews™ is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a collision repair facility locate
- Founded in 1991, City Collision has established a strong operating history and a trusted reputation in the Pittsburgh market. Their services include c
- This property is strategically positioned in the middle of Downtown Pittsburgh, an area experiencing substantial residential and population growth. Wi
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,600 SF
Building Class
C
Year Built
2000
Price
$4,435,108
Price Per SF
$461.99
Cap Rate
6.75%
NOI
$299,370
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.20 AC
Zoning
UI - Industrial
Frontage
160’ on Penn Ave
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- City Collision Inc
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| City Collision Inc | Services | - | - | - |
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $762,800 | |
| Land Assessment | $225,300 | Total Assessment | $988,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$225,300
Improvements Assessment
$762,800
Total Assessment
$988,100
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CITY COLLISION | 2950 Penn Ave
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