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Citizens Bank 205 E Waterfront Dr 5,665 SF 100% Leased Retail Building Homestead, PA 15120 $6,044,070 CAD ($1,066.91 CAD/SF) 5.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate Guarantee | Investment Grade Tenant (Fitch: BBB+) | $217.5 Billion in Assets
  • Situated Within The Waterfront Shopping Center | 4.9 Million Annual Visits
  • Pittsburgh Suburb | 2.3 Million Metro Residents
  • Absolute NNN Lease | 9 Years Remaining | 6% Rent Increases
  • Large 1.47-Acre Parcel Along Waterfront Drive | Ample Parking

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
5,665 SF
Building Class
B
Year Built
2005
Price
$6,044,070 CAD
Price Per SF
$1,066.91 CAD
Cap Rate
5.75%
NOI
$347,503 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.47 AC
Zoning
C1
Parking
55 Spaces (9.71 Spaces per 1,000 SF Leased)
Frontage
113’ on E Waterfront Dr

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 3,111 SF
  • Restaurant
  • -
  • 30 Days

Espace de restaurant de deuxième génération avec hotte existante et chambre froide. Situé près d'une zone commerciale animée avec une grande visibilité au bord de l'eau.

Space Size Space Use Position Available
1st Floor 3,111 SF Restaurant - 30 Days

1st Floor

Size
3,111 SF
Space Use
Restaurant
Position
-
Available
30 Days

1st Floor

Size 3,111 SF
Space Use Restaurant
Position -
Available 30 Days

Espace de restaurant de deuxième génération avec hotte existante et chambre froide. Situé près d'une zone commerciale animée avec une grande visibilité au bord de l'eau.

Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Chase
Bank of America
Citizens
Red Robin
PNC Bank
UFC Gym
Starbucks
Giant Eagle
LongHorn Steakhouse
P.F. Chang's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0130-E-00050-0000-00
Land Assessment
$1,013,550 CAD
Improvements Assessment
$1,192,818 CAD
Total Assessment
$2,206,368 CAD
  • Listing ID: 35675391

  • Date on Market: 2025-04-29

  • Last Updated:

  • Address: 205 E Waterfront Dr, Homestead, PA 15120

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