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Investment Highlights

  • Government tenant as an anchor (FS lease)
  • Visibility from signal
  • Pro Forma Cap Rate 8.70%
  • ADT 8822 on Freeport Rd
  • Parking for customers (front) and tenants (rear)

Executive Summary

4,365 SF multi-tenant retail building. The property is situated just off the signalized intersection of Freeport Rd & Morgan with a clear sightline to the intersection. Currently, the larger suite totaling 2,644 SF is leased to a magisterial district court with 3 years left on their current lease term. The smaller vacant suite totals 1,721 SF and was formerly used as a Pizza shop/restaurant with much of the important restaurant infrastructure/fixtures still in place.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,960 SF
Building Class
C
Year Built
1900
Price
$444,502 CAD
Price Per SF
$89.62 CAD
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.32 AC
Parking
8 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
96’ on Broadview Blvd

Amenities

  • Bus Line
  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,721 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 1,721 SF Office/Retail - Now

1st Floor

Size
1,721 SF
Space Use
Office/Retail
Position
-
Available
Now
Fairly walkable
50/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

KeyBank
PNC Bank
Dollar Bank

Property Taxes

Property Taxes

Parcel Number
1367-K-00048-0000-00
Land Assessment
$82,237 CAD
Improvements Assessment
$192,988 CAD
Total Assessment
$275,225 CAD
  • Listing ID: 34590868

  • Date on Market: 2023-08-03

  • Last Updated:

  • Address: 1000-1010 Broadview Blvd, Brackenridge, PA 15014

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