616 Hite RdHarwick, PA 15049

Property Details for 616 Hite Rd

Lot size

0.83 AC

Property type

Commercial real estate

APN

625-F-62

APU

625F62

Description

This 85,400 square foot light industrial warehouse in Harwick, Pennsylvania, presents a compelling investment opportunity. Located at 616 Hite Rd, 15049, this Class B building boasts 100% occupancy under a 10-year absolute triple-net (NNN) lease with a single, nationally recognized tenant, Curtiss-Wright. The lease, initiated in June 2024, extends through 2034 and includes two five-year extension options, providing long-term stability and predictable cash flow. Built in 1970, the property features 7 loading docks, 3 drive-ins, and 16-foot ceilings, along with ample parking (50 spaces). The tenant has made significant improvements, including a private connector road linking the property to the adjacent Curtiss-Wright Electro-Mechanical Division (EMD) facility at 1000 Wright Way, ensuring seamless campus integration. The property benefits from convenient access to Route 28. Curtiss-Wright, a $7 billion global company, occupies the building and its adjacent facility. This presents a rare opportunity to acquire a fully leased, strategically located industrial asset with a strong, creditworthy tenant and significant long-term growth potential.

• Alternative Use

  Use

  Valuation

  Residential

  $8,856,802

  Hospitality

  $8,112,783

  Educational

  $6,749,740

  Medical

  $6,981,874

  Retail

  $10,499,596

Location Insight

City

Harwick

County

Allegheny

State

Pennsylvania

Latitude

40.555

Longitude

-79.8085

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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