1 Kiski Ave
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1 Kiski Ave
27,150 SF 100% Leased Office Building Leechburg, PA 15656 $1,639,000 ($60/SF) 8.54% Cap Rate
Investment Highlights
- Spacious, private, water-front property with plenty of green space! Please visit: www.riverviewacres.ws
Executive Summary
Prime Investment Opportunity for business relocation/expansion.
Idea for medical, professional office, or positioning into the Marcellus natural gas region!
This listing comes with an additional 5 acres of prime river-front property.
Perfect for additional construction, parking (200 + parking locations), vehicle storage, staging of operations (see pictures)
Idea for medical, professional office, or positioning into the Marcellus natural gas region!
This listing comes with an additional 5 acres of prime river-front property.
Perfect for additional construction, parking (200 + parking locations), vehicle storage, staging of operations (see pictures)
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Building Size
27,150 SF
Building Class
B
Year Built/Renovated
1960/2018
Price
$1,639,000
Price Per SF
$60
Cap Rate
8.54%
NOI
$140,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,050 SF
Building FAR
0.22
Lot Size
2.83 AC
Zoning
Professional Campus - Professional Campus:
Clinic (Medical/Dental), Business and/or Medical Office, Education, Light Industrial, Single-Multi Unit Housing.
Parking
40 Spaces (1.47 Spaces per 1,000 SF Leased)
Amenities
- Day Care
- Signage
- Waterfront
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Allegheny Valley Institute Of Technology, Inc.
- Educational Services
- -
- -
- -
- -
- American Safety & Health Consulting & Training Ser
- Educational Services
- -
- -
- Net
- -
- Merakey Education Center
- Educational Services
- -
- -
- Plus All Utilities
- Aug 2028
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Allegheny Valley Institute Of Technology, Inc. | Educational Services | - | - | - | - | |
American Safety & Health Consulting & Training Ser | Educational Services | - | - | Net | - | |
Merakey Education Center | Educational Services | - | - | Plus All Utilities | Aug 2028 |
PROPERTY TAXES
Parcel Number | 26-0-016646 | Improvements Assessment | $136,890 |
Land Assessment | $148,440 | Total Assessment | $285,330 |
PROPERTY TAXES
Parcel Number
26-0-016646
Land Assessment
$148,440
Improvements Assessment
$136,890
Total Assessment
$285,330
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Allegheny Valley Institute Of Technology, Inc.
1 Kiski Ave
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