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PNC Bank 6290 Library Rd 2,420 SF Retail Building Bethel Park, PA 15102 $2,400,000 ($991.74/SF) 6.06% Cap Rate
Investment Highlights
- Highly Ranked Location
- Recent Renovation
- High Deposits
- Absolute NNN Lease with Fee Simple Ownership
Executive Summary
Surmount is pleased to present the exclusive listing for a PNC Bank located at 6290 Library Road, Bethel Park, PA 15102. The site consists of roughly 2,420 rentable square feet of building space on an estimated .87-acre parcel of land. PNC Bank is subject to a 5-year Triple Net (NNN) lease, which commenced 10/1/2015. The current annual rent is $145,530 and has scheduled increases of 10.00% In Options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
2,420 SF
Building Class
C
Year Built
1976
Price
$2,400,000
Price Per SF
$991.74
Cap Rate
6.06%
NOI
$145,530
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.87 AC
Zoning
C-2
Frontage
Amenities
- Pylon Sign
- Signage
- Skylights
- Drive Thru
- Air Conditioning
Somewhat walkable
30/100
Very drivable
80/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0887-J-00085-0000-00 | Improvements Assessment | $722,500 |
| Land Assessment | $230,000 | Total Assessment | $952,500 |
Property Taxes
Parcel Number
0887-J-00085-0000-00
Land Assessment
$230,000
Improvements Assessment
$722,500
Total Assessment
$952,500
Contacts
-
Hannan Ben Yosef -
Judson Kauffman -
Matthew Sorace -
Glen Kunofsky -
Christopher Marks -
Surmount
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