4846 Mcknight Rd | Pittsburgh, PA 15237
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- LoopNet Team
4846 Mcknight Rd
Pittsburgh, PA 15237
Jiffy Lube - NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Jiffy Lube Absolute NNN Lease with 5-Years Remaining in Pittsburgh, PA, Absolute NNN Lease – Zero Landlord Responsibilities
- 160-Unit Franchisee (Team Lucor), In Business Since 1986 with 14 Other Locations in the Pittsburgh, PA Market
- Two Options Remaining both with Continued Annual Rent Increases Based on CPI
- Tenant Since 1991 with 30+ Year Operating History at the Site – New 15-Year Lease Put in Place in 2006
- Annual CPI Rent Increases Provide Strong Inflation Hedge – Up to 3% Annual Increase Allowable
- Landlord-Favorable Percentage Rent Clause – Tenant Pays Percentage Rent that Results in Total Rent of No Less than 12% of Sales
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,731 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.13
Lot Size
0.50 AC
Parking
5 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
134’ on Mcknight Rd
AMENITIES
- Freeway Visibility
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0352-C-00252-0000-00 | Improvements Assessment | $585,100 |
| Land Assessment | $337,100 | Total Assessment | $922,200 |
PROPERTY TAXES
Parcel Number
0352-C-00252-0000-00
Land Assessment
$337,100
Improvements Assessment
$585,100
Total Assessment
$922,200
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