360 New Castle Rd
Butler, PA 16001
Mattress Firm | Pittsburgh MSA · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 3,500-square-foot freestanding Mattress Firm situated on 0.33 acres in Butler, Pennsylvania, which is a thriving city located 40 miles north of Pittsburgh (26th largest MSA, diverse and robust technology economy). Built in 2016, Mattress Firm' s net lease has 11 years of primary term remaining with three 5-year renewal options and 10% rent increases every five years throughout the lease term. The property is strategically located with excellent access and visibility on New Castle Road (17,000 VPD) and is just south of Benjamin Franklin Highway (20,000 VPD), which is the area' s most heavily traveled thoroughfare. In addition, Mattress Firm is an outparcel to the Greenwood Plaza shopping center, which is anchored by Dick' s Sporting Goods. Other outparcels to Greenwood Plaza include an existing Sheetz as well as a Starbucks and Aspen Dental, which are under construction. The property benefits from its location immediately adjacent to 679,247 square feet of power-center space that is anchored by Walmart Supercenter, Target, Kohl' s, Ross, Michaels and Petco. The site is also directly across New Castle Road from the 600,000-square-foot Moraine Pointe Plaza, which is anchored by Giant Eagle, Lowe' s Home Improvement, Home Depot, Sam' s Club, Staples, Regal Cinemas and Ollie' s Bargain Outlet.