222 Hall AveWashington, PA 15301

Property Details for 222 Hall Ave

Lot size

11.47 AC

Property size (Sq ft)

6,014 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 6,014-square-foot restaurant in Washington, Pennsylvania. Situated on an expansive 11.47-acre lot with 87 parking spaces, this property boasts a highly desirable drive-thru configuration. Currently operating under a NNN ground lease with PNC Bank, the lease extends to 2034 with two five-year renewal options. The current annual rent is $55,742, subject to a 10% increase every five years. The asking price for this turnkey operation is $1,000,000. The property is zoned Commercial and features two parcel numbers: 720-011-00-00-0001-00 and 720-011-00-00-0001-001. This location offers significant potential for continued growth and profitability, benefiting from its convenient access and established presence within the Washington community. The property's address is 222 Hall Ave, Washington, PA 15301. This is a rare opportunity to acquire a well-established restaurant with a long-term lease in place, offering a strong return on investment. All fixtures are included in the sale price. The property is available for sale individually.

Location Insight

City

Washington

County

Washington

State

Pennsylvania

Latitude

40.173

Longitude

-80.254

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