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Valvoline Instant Oil Change 308 Ridge Ave 2,520 SF 100% Leased Retail Building Washington, PA 15301 $923,077 ($366.30/SF) 6.50% 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
- Attractive single-tenant format for stable cash flow
- 2,520 SF free-standing retail building
- Fully occupied and income-producing single tenant retail property
- Ample on-site parking
EXECUTIVE SUMMARY
Absolute NNN Lease | NO Landlord Responsibilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,520 SF
Building Class
C
Year Built
1995
Price
$923,077
Price Per SF
$366.30
Cap Rate
6.50%
NOI
$60,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Lot Size
0.26 AC
Frontage
80’ on Ridge Ave
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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