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Men's Wearhouse 3911 William Penn Hwy 6,051 SF Retail Building Monroeville, PA 15146 $2,315,262 ($382.62/SF) 8% Cap Rate

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Investment Highlights

Double-Net (NN) Lease | Minimal Landlord Responsibilities | The lease of the subject property is double-net with limited landlord responsibilities
Roof Replaced In 2023 | Twenty (20)-Year Warranty | The landlord is only responsible for the roof and structure of the property

Tenant Recently Executed A Seven (7)-Year Lease | Extension | 15+ Year Operating History Men’s Wearhouse entered the space in 2010

Executive Summary

Surmount is pleased to present the exclusive listing for a Men's Wearhouse located at 3911 William Penn Highway, Monroeville, PA 15146. The site consists of roughly 6,051 rentable square feet of building space on an estimated 0.54-acre parcel of land. This Men's Wearhouse is subject to a 10-year Double Net (NN) lease, which commenced 8/1/2010. The current annual rent is $185,221 and has scheduled increases of 10.00% every 5 years.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

6,051 SF

Building Class

Year Built/Renovated

1994/2010

Price

$2,315,262

Price Per SF

$382.62

Cap Rate

NOI

$185,221

Tenancy

Single

Building Height

1 Story

Building FAR

0.26

Lot Size

0.54 AC

Frontage

189’ on William Penn Hwy

Bus Line
Corner Lot

Pylon Sign

Signage

Signalized Intersection

Retailer
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$9.99
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Men’s Wearhouse has always been dedicated to helping people love the way they look. With an unwavering commitment to its customers, the team delivers world-class service every day, ensuring that each individual's style always hits the mark. At Men’s Wearhouse, customer satisfaction isn’t just a goal, it’s an obsession. If a customer isn’t satisfied with the fit, quality, or fabric of their purchase, Men’s Wearhouse offers a hassle-free return policy within 90 days—only asking a couple of questions for their records. The tailors at Men’s Wearhouse are renowned for their expertise—they're practically magicians with a measuring tape. And here’s the best part: there’s no exorbitant charge for their skills. Once Men’s Wearhouse works its magic on a seam, customers are entitled to free re-alterations for life (within the garment's limits).