For Sale
$449,000

1815 Lincoln HwyNorth Versailles, PA 15137

High-Traffic Location, 4,800 SF, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4,800-square-foot retail storefront, located at 1815 Lincoln Hwy in North Versailles, Pennsylvania, presents a compelling investment opportunity. Currently leased to Ferguson, this property boasts a strong 9.28% capitalization rate, making it an attractive addition to any portfolio. Built in 1998, the single-building structure sits on a 0.34-acre lot and is zoned for commercial use. The net rentable area is 4,800 square feet, reflecting the efficient layout ideal for retail operations. The asking price is $449,000, representing a significant return on investment. The property benefits from its strategic location on Lincoln Highway (US-30), a high-traffic artery with 27,000 vehicles per day, and its proximity to Mosside Boulevard (PA-48), which sees 15,000 vehicles daily. This ensures high visibility and significant foot traffic for the tenant, contributing to the property's strong performance and potential for future growth. The lease is a triple-net (NNN) lease, minimizing the landlord's operational responsibilities. This turnkey investment offers a stable income stream and significant upside potential in a thriving commercial area. The property's location in Allegheny County, Pennsylvania, further enhances its appeal.

Property Details for 1815 Lincoln Hwy

Property type
Retail properties, Retail space
Square Feet
4,800 SF
Year Built
1998
Buildings
1
Lot Size (sq. ft)
14,810 SF

Location Insight

City
North Versailles
County
Allegheny
State
Pennsylvania
Latitude
40.3686965
Longitude
-79.7809547
1815 Lincoln Hwy, North Versailles, Pennsylvania

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1815 Lincoln Hwy
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