Applebee's Greentree is offered as a fee investment opportunity. It sits on a 0.46 Acre parcel with a freestanding 5,000 SF building. The pad is located within Scott Town Centre, a 92,000 SF neighborhood retail lot currently at 98% occupancy. Absolute NNN - No landlord responsibilities, tenant pays all expenses including taxes and insurance directly Rent to Sales Ratio of 4.08% - Very healthy store with extremely low overhead Renovated October 2014 - Interior and exterior tenant expenditure of ~$200,000 Strong Operator - The tenant, Apple American Group (AAG) operates 479 Applebee's locations, which makes them the largest operator in the system and 2nd largest operator of any concept in the U.S. Lease - Current rent @ $15/SF/YR, with lease ending Oct. 2019 with no remaining options, potential new lease could create significant upside Market/Location - 25 years of opearting history at this location, since 1989, anchors the Pittsburgh market area for AAG; located on major retail corridor
PRIME DOWNTOWN PITTSBURGH Building for Sale View of Gateway Center and Subway "The T" North Shore Connector First Floor Tenant Restuarant 2nd & 3rd Floor Vacant waiting for YOU to Occupy. Roof Top has LONG TERM Lease with "AT&T Wireless Service" 3 ROOF TOP Antennas. A Radio Control Room on the 4th Floor.
9 GREENHOUSES WITH ATTACHED COMMERCIAL BUILDING & 2 APTs FOR SALE. 1.68 ACRES WHOLESALE GARDEN CENTER AND RETAIL FLORIST SHOP. BUY THIS TURN-KEY OPERATION - 75 YEARS IN BUSINESS! SERVICING WHOLESALE LANDSCAPERS AND INDIVIDUAL CUSTOMERS 3 PARCELS - RETAIL PARKING - COMMERCIAL BUILDING INC 2 APT. UNITS GREENHOUSES ARE GUTTER-CONNECTED - LEVEL - NO STEPS PURCHASE INCLUDES 5000 PLANT DRIP IRRIGATION SYSTEM, BOX TRUCK, DELIVERY VAN, LIFTS, GREENHOUSE EQUIPMENT, ETC. RETAIL FLORIST SHOP INCLUDES COOLERS, WORKSTATIONS, SHELVING, DISPLAY CASES, ETC. SERVICING ESTABLISHED CLIENTS SUCH AS CHURCHES, FUNERAL HOMES, HOSPITALS, AND SPECIAL OCCASIONS INCLUDING PROM, WEDDING, BIRTHDAY, AND WALK-INS * OPTIONAL ADDITIONAL PARCEL WITH BEAUTIFUL MULTI-LEVEL 4-BR HOME ON SEPARATE LOT - $400K Pa will be legal for Medicinal soon. This might be a good location for that use too.
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.
tatus: First floor storefront space rented to Swissvale United Methodist Church for food bank operation; second and third floor office and studio space vacant. Most Recent Use: Pixie Studios (photography and film development) Features: First floor commercial storefront approximately 2,000 square feet rented at $500 per month plus electric; seond and third floor spaces (approximately 2,000 square feet each) vacant; separate electric for first floor. Condition: Very good; newer roof and forced air gas furnace; second and third floors may need tenant modifications depending on use.
This is a turnkey operation if there has ever been one. Fully renovated 4 years ago, and hard to believe it has ever been used. Sure to benefit from the condo and apartment projects under construction within a few blocks, this is the perfect spot for a trendy restaurant/bar. Huge Kitchen, garage with loading dock, all new windows, grease trap, giant hood, and tastefully designed. The restaurant has 1 walk-in freezer and two walk-in refrigerators.
Recently renovated, fully equipped restaurant has new 5-year lease with Beta Bites at $3300/month (26.40/SF). Two apartments upstairs are being used to house employees that work at another location, but could be rented for around $750/month each, or renovated into a very nice single family apartment or condo. Lots of opportunity to add on to this building. Can be purchased in conjunction with 3318 Pier for an additional $299k, which is a single family house with ample additional parking that would add value to this building.
**CORNER CAFE WITH (2) EQUIPPED KITCHENS ON A DOUBLE LOT IN UP AND COMING SHARPSBURG** PLENTY OF SPACE TO EXPAND CAFE & PARKING ON XL LOT ESTABLISHED BRUNCH CAFE WITH SEATING FOR 40 INDOORS CAFE KITCHEN IN ADDITION TO CATERING KITCHEN (2 HOOD SYSTEMS) SUBSTANTIAL WORK AREA INCLUDING: FREEZERS - COOLERS - GRILLS - BUFFET SETUP CATERING EQUIPMENT - DELIVERY VAN - FOOD TRUCK PERFECT SPOT FOR INDOOR/OUTDOOR CAFE AND CATERING BUSINESS! 2015 Taxes = $4192
* FOR SALE * INDIAN RESTAURANT WITH BUFFET + BANQUET / EVENT SPACE ELEGANT WARM DECOR THROUGHOUT - COMPLETELY REMODELED - REGULAR CLIENTELE ENJOY BUFFET SET-UP WITH SEATING FOR 90+ - BRIGHT REMODELED SPACE - PLENTY OF STORAGE AND KITCHEN AREA WITH 8x30 COOLER ADDITION - EVENT SPACE WITH FULL SERVICE BUFFET AND SEATING FOR 50-60 - SEVERAL OFF-STREET PARKING SPACES - POTENTIAL TO EXPAND INTO AN OUTDOOR DINING SPACE