For Sale
$2,450,000

1731 Carson St Pittsburgh, PA 15203

High-yield USPS Net Lease Property

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a 4,800 square foot single-story retail building located at 1731 East Carson Street in Pittsburgh, Pennsylvania, 15203. Currently occupied by a credit-rated USPS tenant under a triple-net (NNN) lease, this property offers a secure and stable income stream. The building boasts convenient loading docks and ample off-street parking for six vehicles. The asking price is $2,450,000, translating to a compelling price per square foot of $510.42 and a strong 5.51% capitalization rate. The property generates a substantial net operating income (NOI) of $135,000 annually. The property is zoned LNC, ensuring flexibility for future uses. This multi-tenant building represents a rare chance to acquire a high-performing, income-producing asset in a desirable Pittsburgh location. The strong tenant and favorable lease terms make this an ideal addition to any investment portfolio seeking consistent returns and long-term stability. The property's strategic location and robust NOI make it a highly attractive investment opportunity. Serious inquiries are encouraged.

Property Details for 1731 Carson St

Property type
Retail properties, Investment properties
Square Feet
4,800 SF

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.42881972807
Longitude
-79.981022279851

FAQs

What type of property is this?
Retail property - High-yield USPS Net Lease Property
Where is the retail property located?
The property is located at 1731 Carson St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $2,450,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1731 Carson St
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