161 S Johnson Rd
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161 S Johnson Rd
15,800 SF Industrial Building Houston, PA 15342 For Sale
Investment Highlights
- New steel roof (2021) & new double-pane windows
- Extensive court-ordered, tenant-funded renovation to be completed by 2025. Approx. 8,000 SF of new office space to be added to the facility
- Fantastic direct exposure & access from I-79
- 3 drive-in doors & 20’ eve height
- Tenant also installing new service connections for building, including electric, water & sewer
Executive Summary
Bankruptcy Sale: Western District of Pennsylvania (Pittsburg). Petition No: 22-21375-TPA | In re: RLI Solutions Company.
Hilco Real Estate announces the bankruptcy sale of this fully leased industrial facility. Please call for offers.
Tremendous opportunity for investors to purchase this STNL industrial facility in Pittsburgh’s strong MSA. Located along the west side of I-79 in Houston, PA, this property is approximately 20 miles southwest of Pittsburgh. The 6.7± acre parcel is currently improved with a 15,000± SF warehouse facility that has been leased to NPL Construction Company (subsidiary of Centuri Group of Companies) since April 2019. The tenant now plans to expand the existing building by extending the footprint of the first floor and adding a partial second floor to be used as office at its sole cost and expense.
Hilco Real Estate announces the bankruptcy sale of this fully leased industrial facility. Please call for offers.
Tremendous opportunity for investors to purchase this STNL industrial facility in Pittsburgh’s strong MSA. Located along the west side of I-79 in Houston, PA, this property is approximately 20 miles southwest of Pittsburgh. The 6.7± acre parcel is currently improved with a 15,000± SF warehouse facility that has been leased to NPL Construction Company (subsidiary of Centuri Group of Companies) since April 2019. The tenant now plans to expand the existing building by extending the footprint of the first floor and adding a partial second floor to be used as office at its sole cost and expense.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£203,038
|
£12.85
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £203,038 |
| Annual Per SF | £12.85 |
Property Facts Under Contract
| Sale Type | Investment | Rentable Building Area | 15,800 SF |
| Sale Conditions | Distress Sale | Number of Floors | 2 |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 20 ft |
| Lot Size | 6.70 AC | Level Access Doors | 3 |
| Sale Type | Investment |
| Sale Conditions | Distress Sale |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 6.70 AC |
| Rentable Building Area | 15,800 SF |
| Number of Floors | 2 |
| Year Built | 1950 |
| Tenancy | Single |
| Clear Ceiling Height | 20 ft |
| Level Access Doors | 3 |
PROPERTY TAXES
| Parcel Number | 5200150000002501 | Improvements Assessment | £85,501 (2024) |
| Land Assessment | £389,326 (2024) | Total Assessment | £474,827 (2024) |
PROPERTY TAXES
Parcel Number
5200150000002501
Land Assessment
£389,326 (2024)
Improvements Assessment
£85,501 (2024)
Total Assessment
£474,827 (2024)
zoning
| Zoning Code | I-1 Industrial |
| I-1 Industrial |
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161 S Johnson Rd
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