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11025 Murray Rd
Meadville, PA 16335

$2,940,000 USD

Specialty For Sale  •  11,810 SF

Property Details

  • Property Type Specialty
  • Total Building Size 11,810 SF
  • Lot Size 5.11 AC
  • Building Class C
  • Year Built 1975
  • Cap Rate 6.91 %
  • Zoning Commercial
40 Walk Score

Description

All brick construction with upscale interior finishes and state of the art Geo thermal HVAC system and was newly constructed in 2014.

Highlights

Offering provides long term leases and 5 year old construction.
Attractive annual rent increases allot for a hedge against inflation.
Station lease has options to extend with scheduled rent increases every 5 years.
Conveniently situated in the Northwestern area, Meadville offers easy access to Interstate 79.
Approximately 1 ½ hours from Pittsburgh and 45 minutes to Erie.

Property Flyers

Cap Rate: 6.91 %

Public Transportation

AirportDriveWalkDistance
Erie International/Tom Ridge Field 51 min - 41.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 62
Type: Surface
Included in Rent: Yes
Timothy Weinman 724-396-2454 Weinman Real Estate
Timothy Weinman 724-396-2454 Weinman Real Estate