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Valvoline Instant Oil Change 308 Ridge Ave 2,520 SF Retail Building Washington, PA 15301 $888,888 ($352.73/SF) 6.75% Cap Rate
Investment Highlights
- Absolute NNN Lease | NO Landlord Responsibilities
- Located Less than 3/4 mile from I-70 which sees 54,000 Vehicles Per Day
- Ample on-site parking
- 2,520 SF free-standing retail building
- Fully occupied and income-producing single tenant retail property
- Qualifies for 100% bonus depreciation (consult with tax professional for more details/confirmation)
Executive Summary
Absolute NNN Lease | NO Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
2,520 SF
Building Class
C
Year Built
1995
Price
$888,888
Price Per SF
$352.73
Cap Rate
6.75%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.27 AC
Frontage
79’ on Ridge Avenue
Nearby Major Retailers
Property Taxes
| Parcel Number | 7600010004000200 | Improvements Assessment | $135,000 |
| Land Assessment | $32,700 | Total Assessment | $167,700 |
Property Taxes
Parcel Number
7600010004000200
Land Assessment
$32,700
Improvements Assessment
$135,000
Total Assessment
$167,700
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Valvoline Instant Oil Change | 308 Ridge Ave
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