5110 Library Rd | Bethel Park, PA 15102
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5110 Library Rd
Bethel Park, PA 15102
Starbucks Drive-Thru-Anchored 3-Tenant Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment-grade tenancy backed by 85% of NOI: Starbucks Drive-Thru (S&P Rating: “BBB+”) and PNC Bank (S&P Rating: “A”)
- Pittsburgh-based PNC Bank is the 5th-largest bank in the US, and the largest bank branch by deposit base in Bethel Park ($296 million)
- Situated in a populated and affluent area with an average annual household income of over $106,000 in a 3-mile radius
- Property is leased on a triple net (NNN) Basis with an average of 6.7 years remaining, strengthened by a new 10-year lease
- Excellent visibility and access from Bethel Park’s main retail corridor, Route 88 / Library Rd, carrying approximately 15,000 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,478 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.06 AC
Parking
35 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
109’ on Library Rd
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0392-P-00232-0000-00 | Improvements Assessment | $2,612,400 |
| Land Assessment | $475,000 | Total Assessment | $3,087,400 |
PROPERTY TAXES
Parcel Number
0392-P-00232-0000-00
Land Assessment
$475,000
Improvements Assessment
$2,612,400
Total Assessment
$3,087,400
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