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Carmel Square 1191-1197 Jacks Run Rd

18,168 SF 100% Leased Retail Building North Versailles, PA 15137 $2,955,000 ($163/SF) 7% Cap Rate

Investment Highlights

  • Located next to new proposed townhouse development and minutes from PA Turnpike, Route 376 and Route 30
  • Zoned: Commercial
  • Ample Free Parking
  • Fully occupied retail center

Financial Summary (Pro forma - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $206,855 $11.39

Financial Summary (Pro forma - 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 $206,855
Annual Per SF $11.39

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
18,168 SF
Building Class
C
Year Built
2005
Price
$2,955,000
Price Per SF
$163
Cap Rate
7%
NOI
$206,850
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
5.00 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
69 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
276 FT on Jacks Run Rd

Amenities

  • Pylon Sign

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Allegheny County Juvenile Probation
  • -
  • -
  • -
  • -
  • Family Health Service Inc
  • -
  • -
  • -
  • -
  • Pediatria Healthcare, LLC
  • -
  • -
  • -
  • -
  • Three Rivers Family Hospice, Inc.
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Allegheny County Juvenile Probation - - - -
Family Health Service Inc - - - -
Pediatria Healthcare, LLC - - - -
Three Rivers Family Hospice, Inc. - - - -

Nearby Major Retailers

Citizens Bank
Giant Eagle
Denny's
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0646-H-00300-0000-00
Land Assessment
$186,100 (2024)
Improvements Assessment
$88,900 (2024)
Total Assessment
$275,000 (2024)
  • Listing ID: 6979929

  • Date on Market: 4/28/2017

  • Last Updated:

  • Address: 1191-1197 Jacks Run Rd, North Versailles, PA 15137

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