CITY COLLISION II 2950 Penn Ave 8,800 SF Retail Building Pittsburgh, PA 15201 $5,592,791 CAD ($635.54 CAD/SF) 7.50% Cap Rate

Investment-Grade Tenant – CollisionRight acquired City Collision in 2021 and executed a 10-year
lease with two (2) five-year extension options.
? Attractive Rent Increases – Lease includes 2.5% annual rent escalations, providing predictable
long-term income growth.
? Limited Landlord Responsibilities – Structured as NN+, with landlord responsibility limited to roof and
structure, making it an ideal passive, out-of-state investment.
? High-Visibility Location – Strategically positioned in the heart of Downtown Pittsburgh with strong daily
traffic exposure.
? High-Growth Trade Area – The surrounding 5-mile radius exceeds 350,000 residents, with double-digit
population growth within a 1-mile radius.
? Significant Nearby Development – Over 520 new residential units announced in August 2025 within a
half-mile of the property, further strengthening local demand.
? Rapidly Expanding Tenant – Backed by private equity, CollisionRight is one of the fastest-growing
MSOs in the U.S., operating 100+ locations with continued regional expansion.
? Urban Infill Advantage – Dense traffic patterns and complex intersections drive higher accident
frequency and consistent insurance-directed repair demand. Limited zoning, high land costs, and
scarce industrial parcels create durable barriers to entry.
? Purpose-Built Collision Facility – Specialized build-out includes full paint system, structural repair, and
advanced calibration capabilities. High replacement cost and technical requirements enhance tenant
stickiness and reduce functional obsolescence.
? Embedded Residential Growth – Over 520 new residential units delivered nearby, increasing vehicle
density and supporting sustained collision repair demand within the immediate trade area.