• Listing ID: 15467844
  • Date Created: 3/16/2019
  • Last Updated:

DESCRIPTION

Warehouse with office located in the prospering commercial/industrial district of Blawnox just 5 miles from downtown Pittsburgh. Immediate access to river, rail and highway transportation.

HIGHLIGHTS

  • 1/4 mile from Route 28
  • Immediate rail and river access
  • Camera and security system

SALE NOTES

Current Tenant is leasing to owner-partners and pays for all expenses in addition to lease. Tenant expects to find new location mid to late 2019. Warehouse space has office space on 2nd floor, occupying approximately 1/3 of footprint of the warehouse. Zoning allows for light industrial, distribution or assembly.

FINANCIAL SUMMARY (ACTUAL – 2018)

ANNUAL ANNUAL PER SF
Gross Rental Income $42,000 8.14
Other Income $8,000 1.55
Vacancy Loss $0 0.00
Effective Gross Income $50,000 9.69
Taxes $5,000 0.97
Operating Expenses $3,000 0.58
Total Expenses $8,000 1.55
Net Operating Income $42,000 8.14

Property Features

  • 1/4 mile from Route 28
  • Camera and security system
  • Immediate rail and river access
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What's Nearby?

Park
Gas Stations
Convenience Stores
Hospitals
Transit Stations
Bank
Stores
Restaurants
Coffee Shops
Bars
Grocery
Education
Shopping Malls

Location