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329 Mt Lebanon Blvd 2,149 SF Retail Building Pittsburgh, PA 15234 $695,000 ($323.41/SF) 8.26% Cap Rate
INVESTMENT HIGHLIGHTS
- 2,000 SF Building plus 400 SF basement
- Excellent road frontage with high visiblity and traffic counts
- Capital Improvements: New roof, new HVAC & new paint within the last 4 years
- Fully leased to two long-term tenants (20+ years of continuous operation | Leases are year-to-year)
- Located in a desirable neighborhood with strong surrounding demographics
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,149 SF
Building Class
C
Year Built
1936
Price
$695,000
Price Per SF
$323.41
Cap Rate
8.26%
NOI
$57,407
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.14 AC
Parking
6 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0192-M-00024-0000-00 | Improvements Assessment | $102,600 |
| Land Assessment | $89,600 | Total Assessment | $192,200 |
PROPERTY TAXES
Parcel Number
0192-M-00024-0000-00
Land Assessment
$89,600
Improvements Assessment
$102,600
Total Assessment
$192,200
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329 Mt Lebanon Blvd
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