We are pleased to present a long established Applebee's location, operated by the largest Applebee's franchisee. Investment Highlights: - Single tenant, freestanding, absolute NNN lease. Zero landlord responsibilities. - Lease ends Oct. 2019 (4 years, 7 months remaining). No options, considerable upside. - Very low rent to sales ratio, under 5%. - 5,000 SF at $15 psf/yr. Current rents at market, upside value with new lease. - Tenant is Apple American Group. The largest Applebee' s franchisee with circa 470 stores. - Recently renovated Q4 2014. Extensive interior and exterior work. - 25 years at this location, since 1989.
- Lease term is guaranteed 15 years with 3 Five year options with a 10% rent increase in each option period - Rent commences May 2015 - Term yield of 6.5% - 10,640 SF building 100% leased to nation's number one small box discount retailer, Dollar General - All masonry finish construction - 38 parking stalls - Standing Seam Metal roof
Three storefront buildings with 6 apartments above and behind. Current storefronts consist of a barber shop complete with sinks & mirrors and two retail/office storefronts. Apartments 2 Unit apt. building has one 3 bedroom apartment w/private entrance & patio, and 1 two bedroom apt. w/private entrance and porch. 3 Unit apartment building has 2 one bedroom apts w/private entrance and 1 two bedroom apt w/private entrance.
10,000 SF property located right off of Route 51. Bring your ideas and toolbox to finish this property. Current owner has redone EVERYTHING on the exterior, added a 3,000 + SF addition, roof, windows, gutters, framed the interior, and put in some rough plumbing. He bricked the entire exterior (see county site for previous images). The property needs all electrical, some plumbing, drywall, and all the finishing touches. Seller has plans and renovations set to be a bar/restaurant, but this is a shell and can be converted to almost anything. Property is off of 51, but has a great visibility from the street and a large sign that can be seen as well.
31,680 SF warehouse building in the heart of the strip district. Currently the TNT Metals building, it includes: (4) offices, (4) roll up doors, security system, sprinkler system, wired internet throughout building, new phone system, 65 Foot ceiling height, and more. The exterior is comprised of brick and galbestos siding
Prime location on main artery. High visibility with several curb cuts on a state maintained road. Turning lane the entire length of the frontage. Table top flat, zoned industrial so any new owner can have full control of usage. Two structures exist on site, one has a basement and the other has a slab. Both are usable but need some work to bring up to current standards. Traffic count in access of 20,000 vehicles per day. Hot corridor - located next to Famous Hot Metal Diner, Harley Davidson, and Get Go.
Rare opportunity to purchase the Shamrock Inn building located in Historic Allegheny West. The property consists of a bar, restaurant, second floor apartment, and a 30 car parking lot next door. Property has great frontage on Western Ave., a fully equipped kitchen, (2) walk in coolers, and a liquor license. Second floor apartment is currently owner occupied, but could be rented out around $1,200 per month. Parking lot is huge income generator for event parking.
Incredible opportunity to own a South Side landmark building. The former St Casimir Church has retained its spectacular ornate architecture but now functions as flex space with a large communal space, 2 separate residences, a studio and sub level parking. The communal space includes a reception area and office while the 1st floor 1 bedroom residence has a large kitchen/living room beautifully incorporating church columns, bamboo floors and radiant heat. The upper level studio has cork floors & wall of windows overlooking the communal space. The 2nd level 2 bedroom residence accesses the bell tower space as well as an elaborate deck with panoramic city views. Current Use Is As Flex Space & Live/Work/Play. There are Specs For Up to 12 Condos.Gas & Electric upgraded for 7 units W/ 800 amp, 12,000 sq ft. Great Use for Unique Business Options,Catering & Events, Corporate Conventions, Artist & Film Space, Live Music Venues -- Anything Goes With This Space!
Pittsburgh Commercial Advisors with Keller Williams Commercial is pleased to present 112 Sherman for sale. Solid Brick Building - 5,000 SF on first floor and an additional 5,000 usable SF on the lower level. Wide open floor plans leave a lot of different options. Property has 10' ceilings, roof only 3 years old, off street parking for 6 cars, 3 furnaces, entry access from 3 sides of building, located on a corner lot. Property has commercial district zoning which would allow for retail, dining, offices, or professional services. Property has a commercial kitchen already in place from previous use.