• Broker Bill Smith 4123277466
  • Broker Keith Ruffing 4129833021

Wilmerding Beverage 750 Airbrake Ave

8,000 SF 100% Leased Retail Building Wilmerding, PA 15148 £146,549 (£18.32/SF) 5.69% Net Initial Yield

View Photo

INVESTMENT HIGHLIGHTS

  • Vacant 2nd Floor Warehouse - 753 Middle Ave. Wilmerding PA

EXECUTIVE SUMMARY

-5,000 SF FULLY TENANTED First Floor Warehouse, 15' Ceiling Height, 12' x 12' Grade Level Garage Door, 12' x 14' Grade Level Garage Door, Two Interior Loading Docks, Enclosed Office. 3,000 SF VACANT Second Floor Warehouse Space, 12' x 12' Grade Level Garage Door, Street Level Access From Middle Avenue, Enclosed Office. Second floor ready for new tenant or owner occupant. Three Phase Electric Available. Great Location! Easy Access to US Route 30, PA Route 48 & PA Route 130.

ATTACHMENTS

750 Airbrake P&L
750 Airbrake Flyer

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income £11,570 £1.45
Other Income - -
Vacancy Loss - -
Effective Gross Income £11,570 £1.45
Taxes £2,343 £0.29
Operating Expenses £116 £0.01
Total Expenses £2,459 £0.31
Net Operating Income £9,111 £1.14

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
1900
Price
£146,549
Price Per SF
£18.32
Net Initial Yield
5.69%
NOI
£8,339
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Loading Docks
2 Exterior
Building FAR
1.41
Lot Size
0.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
48 ft on Airbrake Ave.

AMENITIES

  • 24 Hour Access

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Bearco Signs
  • -
  • 5,000 SF
  • £4.63
  • Plus Electric
  • Jul 2023
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Bearco Signs - 5,000 SF £4.63 Plus Electric Jul 2023

LINKS

PROPERTY TAXES

Parcel Number 0545-J-00131-0000-00 Total Assessment £57,771 (2024)
Land Assessment £26,764 (2024) Annual Taxes £2,343 (£0.29/sf)
Improvements Assessment £31,007 (2024) Tax Year 2023

Map of 750 Airbrake Ave Wilmerding, PA 15148

ADDITIONAL PHOTOS

View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
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View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo 753 Middle Ave.
View Photo Building Photo
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View Photo 750 Airbrake Ave Front 001
View Photo 750 Airbrake Ave Front 009
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View Photo 750 Airbrake Ave Front 003

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