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Monro Auto Service & Tire Center 331 Cochran Rd 3,048 SF Retail Building Mt Lebanon, PA 15228 $810,764 CAD ($266.00 CAD/SF) 4.39% Cap Rate

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Investment Highlights

Monro, Inc. (NASDAQ: MNRO) is a leading U.S. provider of automotive undercar repair, tire services, and routine vehicle maintenance.
Below Market Rent in a Strong Submarket | Landlord receives annually $8.45 PSF in NOI
Access & visibility along Cochran Road (10,003 VPD), less than a mile from its signalized intersection with Washington Road (22,965 VPD).

Ground Lease with Renewal Options | ±3.1 years of term remaining with 10% rent increases in each of the two, 5-year renewal options
Long-Term Operating History | Opened in 2006
6 Miles from Downtown Pittsburgh (MSA Population: 2.45M+)

Executive Summary

CBRE is pleased to offer for sale the 3,048-square-foot Monro Auto Service & Tire Center situated on 0.51 acres in Mt. Lebanon, Pennsylvania—part of the Pittsburgh, PA MSA (MSA Population: 2.45M+). Monro’s ground lease features ±3.1 years of term remaining with 10% rent increases in each of the two, 5-year renewal options.