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845 4th Ave 7,200 SF Retail Building Coraopolis, PA 15108 $1,950,000 ($270.83/SF) 5.11% Cap Rate
Executive Summary
Recently built 7,150 sf building for O'Reilly Automotive. A triple net lease with an initial term of 15 years plus two (2) five (5) year options plus a four (4) year and 11 months option.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
C
Year Built
2023
Price
$1,950,000
Price Per SF
$270.83
Cap Rate
5.11%
NOI
$99,632
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.81 AC
Zoning
C2 - Central Business
Parking
65 Spaces (9.03 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Storage Space
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0419-D-00092-0000-00 | Improvements Assessment | $539,800 |
| Land Assessment | $100,700 | Total Assessment | $640,500 |
Property Taxes
Parcel Number
0419-D-00092-0000-00
Land Assessment
$100,700
Improvements Assessment
$539,800
Total Assessment
$640,500
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845 4th Ave