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Sheetz | 1.52-Acre Signalized Corner 11 E Pike St

5,000 SF 100% Leased 4-Star Retail Building Houston, PA 15342 $5,832,979 CAD ($1,167 CAD/SF) 5.50% Cap Rate

Investment Highlights

  • 15-YEAR GROUND LEASE WITH INCREASES EVERY 5 YEARS
  • DOMINANT BRAND IN THE PITTSBURGH MARKET WITH LIMITED COMPETITION
  • CHALLENGING ASSEMBLAGE OF 12 PARCELS

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$5,832,979 CAD
Price Per SF
$1,167 CAD
Cap Rate
5.50%
NOI
$320,814 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Land Acres
1.53 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3600070001000100
Land Assessment
$207,949 CAD
Improvements Assessment
$1,051,566 CAD
Total Assessment
$1,259,514 CAD
  • Listing ID: 33251660

  • Date on Market: 2024-09-20

  • Last Updated:

  • Address: 11 E Pike St, Houston, PA 15342

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