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698 S Pike Rd 4,428 SF Retail Building Sarver, PA 16055 For Sale
Investment Highlights
- Strong Corporate Guarantee
- 10% rent escalations every 5 years
- Three 5-year extension options and one 4-year, 11-month option
- +/- 16,000 Vehicles Per Day
Executive Summary
The subject property is situated at a signalized intersection along the predominant retail corridor, and is less than 1 mile from Route 28. Recent retail redevelopments along this strip include GetGo Cafe + Market, Sheetz, Burger King and Arby's stores. This area is seeing an influx of population in recent years due to more favorable tax rates than in areas closer to Pittsburgh, and is poised to continue that growth trajectory in the years to come.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,428 SF
Building Class
B
Year Built/Renovated
1999/2023
NOI
$81,730 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.91 AC
Zoning
B-1 - Business District
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Valvoline LLC
- Wholesaler
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Valvoline LLC | Wholesaler | - | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 040-1F05-2EA-0000 | Improvements Assessment | $62,087 CAD |
| Land Assessment | $6,102 CAD | Total Assessment | $68,190 CAD |
Property Taxes
Parcel Number
040-1F05-2EA-0000
Land Assessment
$6,102 CAD
Improvements Assessment
$62,087 CAD
Total Assessment
$68,190 CAD
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698 S Pike Rd
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