1150 W Chestnut Street, Washington, PA 15301
The 2019-built restaurant is offered with a long-term NNN sale-leaseback structure.
Property Features for 1150 W Chestnut Street
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The lease also includes six, five-year renewal options. Base-term and option-period rent escalations are set at one percent annually beginning in year 11, with additional option-period increases during years 1 through 3 and flat rent during years 4 and 5. W Chestnut Street carries nearly 12,000 vehicles each day, providing the property with exposure along the street.
Key Highlights
- Burger King drive‑through restaurant at 1150 W Chestnut Street, Washington, Pennsylvania
- Built in 2019 with roughly 2,811 square feet of building space
- 20‑year Triple‑Net sale‑leaseback commencing upon close of escrow
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Trade Area within ½ mile
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Demographics for 15301, PA
Market
Vacancy Rate% for Retail in Northeast region