Sheetz | 1.52-Acre Signalized Corner | 11 E Pike St
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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 $4,147,454 ($829/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
$4,147,454
Price Per SF
$829
Cap Rate
5.50%
NOI
$228,110
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
1.53 AC
PROPERTY TAXES
| Parcel Number | 3600070001000100 | Improvements Assessment | $756,000 |
| Land Assessment | $149,500 | Total Assessment | $905,500 |
PROPERTY TAXES
Parcel Number
3600070001000100
Land Assessment
$149,500
Improvements Assessment
$756,000
Total Assessment
$905,500
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Sheetz | 1.52-Acre Signalized Corner | 11 E Pike St
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