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1 Kiski Ave 27,150 SF 100% Leased Office Building Leechburg, PA 15656 $2,505,676 CAD ($92.29 CAD/SF) 7.80% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Spacious, private, water-front property with plenty of green space! Located in the geographical center of the Marcellus natural gas region!

EXECUTIVE SUMMARY

Prime Investment Opportunity for business relocation/expansion.
This listing comes with 8 acres of prime river-front property with multiple, large parking lots.
Idea for medical, professional office, residential buildout or light industrial.
Located in the geographical center of the Marcellus natural gas region!
Perfect for additional construction, parking (200 + parking locations), vehicle storage, staging of operations (see pictures)
Please visit: www.riverviewacres.ws

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
27,150 SF
Building Class
A
Year Built/Renovated
1960/2018
Price
$2,505,676 CAD
Price Per SF
$92.29 CAD
Cap Rate
7.80%
NOI
$195,443 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,050 SF
Building FAR
0.08
Lot Size
8.00 AC
Zoning
Professional Campus - Professional Campus: Light Industrial, Clinic (Medical), Business and/or Medical Office, Education, Single-Multi Unit Housing.
Parking
200 Spaces (0 Spaces per 1,000 SF Leased)

AMENITIES

  • Conferencing Facility
  • Security System
  • Signage
  • Waterfront
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Allegheny Valley Institute Of Technology, Inc.
  • Educational Services
  • 3,000 SF
  • -
  • Full Service
  • -
  • American Safety & Health Consulting & Training Ser
  • Educational Services
  • 3,000 SF
  • -
  • Single Net
  • Jul 2030
  • Merakey Education Center
  • Educational Services
  • 18,000 SF
  • -
  • Plus Utilities
  • Aug 2028
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Allegheny Valley Institute Of Technology, Inc. Educational Services 3,000 SF - Full Service -
American Safety & Health Consulting & Training Ser Educational Services 3,000 SF - Single Net Jul 2030
Merakey Education Center Educational Services 18,000 SF - Plus Utilities Aug 2028

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-0-016646
Land Assessment
$211,371 CAD
Improvements Assessment
$191,442 CAD
Total Assessment
$402,813 CAD
  • Listing ID: 26507407

  • Date on Market: 2022-08-29

  • Last Updated:

  • Address: 1 Kiski Ave, Leechburg, PA 15656

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