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6290 Library Rd

2,420 SF Retail Building Bethel Park, PA 15102 £1,752,688 (£724/SF) 6.50% Net Initial Yield

Investment Highlights

  • Absolute NNN Corporate Lease
  • Top 11% PNC Bank Nationwide (Placer. AI)
  • Tenant Exercised Early Lease Extension

Executive Summary

- Top 11% PNC Bank Nationwide (Placer. AI)
- Tenant Exercised Early Lease Extension
- Investment Grade Tenant - Rated "A" by S&P
- $105MM in branch deposits
- Parking Lot Restriped and Resealed in 2024

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
2,420 SF
Building Class
C
Year Built
1976
Price
£1,752,688
Price Per SF
£724
Net Initial Yield
6.50%
NOI
£113,925
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
0.87 AC
Zoning
C-2
Parking
11 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
205 ft on Library Road

Amenities

  • Pylon Sign
  • Signage
  • Roof Lights
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0887-J-00085-0000-00
Land Assessment
£179,964
Improvements Assessment
£565,320
Total Assessment
£745,284
  • Listing ID: 33046884

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 6290 Library Rd, Bethel Park, PA 15102

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