2976 E State St
Hermitage, PA 16148
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- • Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S.
- • 10-Year NN Leases | Commenced March 2023 - 2% Annual Increases | Minimal LL Responsibilities
- • Future Upside with Rolling Lease - Enterprise Lease Expires in Oct 2027 with No Options
- • Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
- • Positioned in Dense Retail Corridor - Surrounded by National Tenants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,260 SF
Building Class
C
Year Built
1983
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.50 AC
Zoning
Commercial
Parking
8 Spaces (0.97 Spaces per 1,000 SF Leased)
Frontage
128’ on E State St
AMENITIES
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | 12-158-001 | Improvements Assessment | $109,500 |
| Land Assessment | $76,500 | Total Assessment | $186,000 |
