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Tortured Souls Brewery 715 Craigdell Rd 4,800 SF Retail Building New Kensington, PA 15068 $680,000 ($141.67/SF) 9.86% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent visibility and accessibility for retail customers
- Consistent traffic
- Adjacent ice rink hosts yearly travel tournaments
- Ample parking on site
- Proximity to amenities and other retail establishments
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present for sale a fully leased retail investment opportunity in New Kensington, PA. Situated across from Pittsburgh Ice Arena, Tortured Souls Brewing benets from strong recurring foot trac generated by the Ice Rink, and in close proximity to numerous residential developments. Stable tenant with large local following, prominence, and loyal customer base.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
4,800 SF
Building Class
C
Year Built
1953
Price
$680,000
Price Per SF
$141.67
Cap Rate
9.86%
NOI
$67,059
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.00 AC
Zoning
OS-3 - Recreation/Conservation
Parking
50 Spaces (10.42 Spaces per 1,000 SF Leased)
Frontage
173’ on Craigdell Rd
AMENITIES
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-04-06-0-001 | Improvements Assessment | $21,730 |
| Land Assessment | $8,230 | Total Assessment | $29,960 |
PROPERTY TAXES
Parcel Number
24-04-06-0-001
Land Assessment
$8,230
Improvements Assessment
$21,730
Total Assessment
$29,960
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Tortured Souls Brewery | 715 Craigdell Rd
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