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Strickland Brothers 4768 William Flynn Hwy 1,770 SF Retail Building Allison Park, PA 15101 $3,710,174 CAD ($2,096.14 CAD/SF) 6.75% Cap Rate



Investment Highlights
- 15-Year Absolute NNN Lease – Zero landlord responsibilities
- Brand New Construction (Q3 2023)
- Recession-Resistant Auto Service Use
- 10% Rent Increases Every 5 Years
- Corporate Strickland Brothers Location
Executive Summary
4768 William Flynn Highway presents a rare opportunity to acquire a newly constructed, single-tenant net lease investment occupied by Strickland Brothers 10 Minute Oil Change in Allison Park, Pennsylvania, one of Pittsburgh’s most affluent and established suburban corridors.
The property was completed in Q3 2023 and is leased to Strickland Brothers under a long-term fifteen (15) year true absolute NNN lease, providing investors with 100% passive ownership and zero landlord responsibilities. The lease structure includes scheduled 10% rental increases every five (5) years, offering predictable income growth throughout the primary term.
Strickland Brothers operates a recession-resistant, necessity-based service model, focused on quick-lube and routine automotive maintenance. The subject property is a corporately operated location, aligning the tenant’s operational success directly with the performance of the real estate. As vehicle ownership continues to increase and the average age of automobiles on U.S. roads has risen to 12.6 years, demand for oil changes and preventative maintenance remains durable across economic cycles.
Strategically positioned along William Flynn Highway (Route 8), the site benefits from strong commuter traffic and proximity to dense, high-income residential neighborhoods. The surrounding trade area features strong population density and above-average household incomes, supporting consistent consumer demand for daily-needs services.
With brand-new construction, long-term absolute NNN lease terms, built-in rent escalations, and a corporate tenant operating in a defensive service industry, 4768 William Flynn Highway offers investors a secure, low-management opportunity designed to deliver stable cash flow and long-term value preservation.
The property was completed in Q3 2023 and is leased to Strickland Brothers under a long-term fifteen (15) year true absolute NNN lease, providing investors with 100% passive ownership and zero landlord responsibilities. The lease structure includes scheduled 10% rental increases every five (5) years, offering predictable income growth throughout the primary term.
Strickland Brothers operates a recession-resistant, necessity-based service model, focused on quick-lube and routine automotive maintenance. The subject property is a corporately operated location, aligning the tenant’s operational success directly with the performance of the real estate. As vehicle ownership continues to increase and the average age of automobiles on U.S. roads has risen to 12.6 years, demand for oil changes and preventative maintenance remains durable across economic cycles.
Strategically positioned along William Flynn Highway (Route 8), the site benefits from strong commuter traffic and proximity to dense, high-income residential neighborhoods. The surrounding trade area features strong population density and above-average household incomes, supporting consistent consumer demand for daily-needs services.
With brand-new construction, long-term absolute NNN lease terms, built-in rent escalations, and a corporate tenant operating in a defensive service industry, 4768 William Flynn Highway offers investors a secure, low-management opportunity designed to deliver stable cash flow and long-term value preservation.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,770 SF
Building Class
C
Year Built
2023
Price
$3,710,174 CAD
Price Per SF
$2,096.14 CAD
Cap Rate
6.75%
NOI
$250,437 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.50 AC
Zoning
Commercial
Parking
9 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
159’ on William Flynn Hwy
Amenities
- Freeway Visibility
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 1077-E-00231-0000-00 | Improvements Assessment | $575,938 CAD |
| Land Assessment | $128,503 CAD | Total Assessment | $704,441 CAD |
Property Taxes
Parcel Number
1077-E-00231-0000-00
Land Assessment
$128,503 CAD
Improvements Assessment
$575,938 CAD
Total Assessment
$704,441 CAD
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Strickland Brothers | 4768 William Flynn Hwy
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