1123 Lee Ave Farrell, PA 16121
12,000 SF industrial building with dock and drive-in doors.
Property Features for 1123 Lee Ave
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2014
Listing office (412) 302-3675
Listing date Nov 21, 2025
Source Svn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of John Westermann
Investment Insights
Based on property information with market context.
Key Highlights
- Modern construction: Built in 2014, minimizing potential maintenance issues.
- Functional loading: Equipped with 1 dock door and 2 drive‑in doors for versatile operations.
- Ample parking: Includes 20 parking spaces for employees and visitors.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.1k | $8.76 |
| − Vacancy | −$4.9k | −$0.41 |
| EGI | $100.2k | $8.35 |
| − OpEx | −$15.0k | −$1.25 |
| NOI | $85.2k | $7.10 |
Alternative Uses
Property Analytics
Current Use by Public Records
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