Log In/Sign Up
Your email has been sent.
STNL Investment Opportunity 20030 Route 19 8,142 SF Retail Building Cranberry Township, PA 16066 $5,955,925 CAD ($731.51 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- The property benefits from excellent visibility and convenient access along a major commercial corridor
- Excellent frontage along Route 19, a key arterial road connecting Cranberry Township with surrounding communities
- Surrounded by other retail and service businesses, including shopping centers and restaurants, making it part of a vibrant commercial hub
- Situated on Route 19, one of the busiest retail and commercial corridors in Cranberry Township, providing high traffic exposure
EXECUTIVE SUMMARY
illi Commercial Real Estate is pleased to offer the opportunity to acquire feesimple ownership of a Net Leased Firestone investment property, consisting of an approximately 8,143 square foot building situated on nearly 1.05 acres of land, in the thriving suburban community of Cranberry Township, Pennsylvania. Located in the Pittsburgh metropolitan area, the property benefits from excellent visibility and convenient access along a major commercial corridor. Cranberry is one of Pennsylvania’s most affluent and rapidly growing townships, and provides the tenant a stable, high-income demographic base for sustained retail performance.
Bridgestone Retail Operations, LLC (Firestone) has operated at the property since 2010 and recently extended its lease through May 2031. With its Absolute Net lease structure, the asset provides a future owner stable cash flow, with the tenant being responsible for all property expenses, providing a truly passive investment opportunity. This investment offers exceptional long-term income security backed by one of the world’s most creditworthy automotive service retailers.
Bridgestone Retail Operations, LLC (Firestone) has operated at the property since 2010 and recently extended its lease through May 2031. With its Absolute Net lease structure, the asset provides a future owner stable cash flow, with the tenant being responsible for all property expenses, providing a truly passive investment opportunity. This investment offers exceptional long-term income security backed by one of the world’s most creditworthy automotive service retailers.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,142 SF
Building Class
C
Year Built
2011
Price
$5,955,925 CAD
Price Per SF
$731.51 CAD
Cap Rate
6.75%
NOI
$402,025 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.05 AC
Zoning
COMM
Parking
42 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
157’ on Route 19
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 130-4F110-23A-0000 | Improvements Assessment | $120,875 CAD |
| Land Assessment | $10,267 CAD | Total Assessment | $131,143 CAD |
PROPERTY TAXES
Parcel Number
130-4F110-23A-0000
Land Assessment
$10,267 CAD
Improvements Assessment
$120,875 CAD
Total Assessment
$131,143 CAD
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
STNL Investment Opportunity | 20030 Route 19
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.