1003 Village Center Dr Tarentum, PA 15084
High-performing Chipotle, 15-year lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- New construction Chipotle with drive-thru, 15-year net lease in the Pittsburgh MSA.
- Rent commenced September 2023; 14.1 years remaining lease term.
- Outparcel to Lowe's, part of Village at Pittsburgh Mills shopping center (5.6 million annual visitors).
- High-performing Chipotle, top 30% nationally and top 3 in its immediate trade area.
- 10% rent increases every 5 years.
- Minimal landlord responsibility (roof/structure only); Duro-Last PVC roof with a 20-year warranty.
Property Details for 1003 Village Center Dr
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,496 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 28,750 SF
Location Insight
- City
- Tarentum
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.5695456
- Longitude
- -79.8023966
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-performing Chipotle, 15-year lease
- Where is the retail property located?
- The property is located at 1003 Village Center Dr Tarentum, PA.
- What is the asking price?
- The asking price for this property is $2,983,000.
- What are key features of this property?
- This property features: New construction Chipotle with drive-thru, 15-year net lease in the Pittsburgh MSA.; Rent commenced September 2023; 14.1 years remaining lease term.; Outparcel to Lowe's, part of Village at Pittsburgh Mills shopping center (5.6 million annual visitors).
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