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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 began in 1973 as a men's clothing retailer and later became part of Tailored Brands, an omnichannel specialty retailer with suits, formalwear, sportswear, and business casual offerings. Men's Wearhouse serves customers through physical stores and digital channels with merchandise that includes suits, tuxedos, dress shirts, pants, shoes, accessories, and rental options for weddings, proms, and other formal events. The company's business centers on tailored clothing, occasion wear, and everyday menswear, combining retail sales with rental services and a broad assortment built around fit, styling, and complete outfit solutions.