Monroeville Investment Opportunity

3957 William Penn Highway, Monroeville, PA

3957 William Penn Highway, Monroeville, PA

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PROPERTY FEATURES

  • Desirable location along one of Pittsburgh’s best trafficked retail corridors (AADT 31,000)
  • 4,154 SF Free Standing, Absolute Triple Net, Retail Location in Monroeville, Pennsylvania
  • Contractual, fixed rent increase over the remaining 12 year lease term.
  • Long term, absolute net leased property with zero landlord responsibilities.
  • Experienced operator with over 175 locations across eight states.
  • NOI and CAP rate over remaining term average $134,766 and 7.7% respectively
  • Destination retail center with over $1.6 Billion in consumer spending within a five mile radius.
  • In close proximity to destination retailers such as the Monroeville Mall, Giant Eagle, Lowes, and Target.

 

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Long term, absolute net leased property with zero landlord responsibilities.
31,000 AADT

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