For Sale
$1,350,000

514 Washington Rd Mount Lebanon, PA 15228

High-yield, fully leased, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional Class A mixed-use property, located at 514 Washington Rd in Mt. Lebanon, Pennsylvania, presents a compelling investment opportunity. The 5,400 square foot building boasts a 100% occupancy rate across four tenants, generating a strong 7.50% cap rate at an asking price of $1,350,000 ($250/sq ft). The property is comprised of a blend of medical office, storefront, and traditional office spaces, catering to a diverse tenant base. Its stabilized investment profile, with a gross lease structure, ensures predictable cash flow. Situated in one of Pittsburgh's most desirable suburbs, this well-maintained building offers significant advantages, including valuable off-street parking – a highly sought-after amenity in this area. The property's prime location in Allegheny County, PA, 15228, ensures high visibility and accessibility. This is a rare opportunity to acquire a fully leased, high-performing asset in a thriving market. The five units are currently occupied under multi-tenant leases. This investment is ideal for those seeking a stable, high-return investment in a premier location.

Highlights

  • Prime investment opportunity in a high-growth area.
  • Fully leased building.
  • Abundant off-street parking, a significant asset.
  • Excellent condition.
  • Located in a highly desirable Pittsburgh suburb.

Property Details for 514 Washington Rd

Property type
Retail properties, Office properties
Square Feet
5,400 SF
Class
A
Units
5

Location Insight

City
Mount Lebanon
County
Allegheny
State
Pennsylvania
Latitude
40.383832969136
Longitude
-80.043729484726

FAQs

What type of property is this?
Retail property - High-yield, fully leased, prime location.
Where is the retail property located?
The property is located at 514 Washington Rd Mount Lebanon, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime investment opportunity in a high-growth area.; Fully leased building.; Abundant off-street parking, a significant asset.
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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514 Washington Rd
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