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85 Helen St and 98 Sproul St 98 Sproul St 15,000 SF 100% Leased Industrial Building McKees Rocks, PA 15136 $1,650,000 ($110/SF) 5.84% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 14- Cross Docks
  • Long Term Tenant
  • 19 ' clearance in service garage
  • 6- 14' drive in doors
  • Industrial Zoning

EXECUTIVE SUMMARY

11000 sf truck terminal with 14 cross docks , 600 sf of office space and 1000 sf of storage. Zoned I-1 industrial. Building currently leased with 2 tenants. 98 Sproul St comes with this property and is a 4200 sf service garage with 3 -14' doors on each side of the building that drive through and 300 sf office on 2nd floor. Also includes a separate office trailer that is 900 sf. The service garage comes with 3 phase 240 service-a compressor-overhead gas heat and 19' clearance to the trusses of the building. Just over 1/4 acre gravel lot is part of 98 Sproul St's parcel but does get shared by 85 Helen St tenants. Combined acreage for both parcels is 1.4 acres. 98 Sproul st was leased for $4500/mo. This is ideal for a business who needs a sevice garage and would like to be able to grow further down the road or an investor who wants a industrial property that has alot of upside in the hot distribution market. 1 tenant is a long term tenant

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $126,000 $8.40
Other Income - -
Vacancy Loss - -
Effective Gross Income $126,000 $8.40
Taxes $14,068 $0.94
Operating Expenses $3,619 $0.24
Total Expenses $17,687 $1.18
Net Operating Income $108,313 $7.22

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $126,000
Annual Per SF $8.40
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $126,000
Annual Per SF $8.40
Taxes
Annual $14,068
Annual Per SF $0.94
Operating Expenses
Annual $3,619
Annual Per SF $0.24
Total Expenses
Annual $17,687
Annual Per SF $1.18
Net Operating Income
Annual $108,313
Annual Per SF $7.22

PROPERTY FACTS

Price $1,650,000
Price Per SF $110
Sale Type Investment or Owner User
Cap Rate 5.84%
Property Type Industrial
Property Subtype
Truck Terminal
  • Industrial Distribution
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 1.51 AC
Rentable Building Area 15,000 SF
No. Stories 1
Year Built/Renovated 1945/1995
Parking Ratio 1.67/1,000 SF
Clear Ceiling Height 19’
No. Dock-High Doors/Loading 28
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
Zoning I-1 Industrial - To designate those areas in the Borough best suited for industrial development because of location,topography, existing facilities

AMENITIES

  • Air Conditioning

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Transportation and Warehousing
  • -
  • -
  • -

In the spring of 1991, a well known trucking company that was in business for over 80 years closed its doors. The closing left a void in the distribution chain in Pittsburgh, PA. Recognizing this, a small group of trucking professionals, with over 90 years of combined experience, founded Calhoun Distribution Inc. We began a distribution service specializing in delivery of time sensitive materials, such as magazines, mail and newspaper inserts.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Transportation and Warehousing - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0043-C-00160-0000-00
  • 0043-C-00162-0000-00
Land Assessment
$94,300
Improvements Assessment
$221,600
Total Assessment
$315,900
Annual Taxes
$14,068 ($0.94/SF)
Tax Year
2025
  • Listing ID: 36310232

  • Date on Market: 6/18/2025

  • Last Updated:

  • Address: 98 Sproul St, McKees Rocks, PA 15136

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