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3015 Liberty Ave 9,500 SF Retail Building Pittsburgh, PA 15201 $3,669,584 ($386.27/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
- This property is strategically positioned in the heart of Downtown Pittsburgh, an area experiencing substantial residential and population growth
- Their services include collision repair, diagnostics and calibrations, claim guidance, non-collision damage repair, and paint services
- The tenant, Collision Right, acquired City Collision in 2021 and executed a 10-year lease with two, 5-year extension options
- Founded in 1991, City Collision has established a strong operating history and a trusted reputation in the Pittsburgh market
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
9,500 SF
Building Class
C
Year Built
1991
Price
$3,669,584
Price Per SF
$386.27
Cap Rate
6.75%
NOI
$247,697
Tenancy
Single
Building Height
2 Stories
Frontage
171’ on Liberty Ave
AMENITIES
- Bus Line
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0025-G-00246-0000-00 | Improvements Assessment | $186,900 |
| Land Assessment | $287,500 | Total Assessment | $474,400 |
PROPERTY TAXES
Parcel Number
0025-G-00246-0000-00
Land Assessment
$287,500
Improvements Assessment
$186,900
Total Assessment
$474,400
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3015 Liberty Ave
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