Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    60 Burrell Plz New Kensington, PA

    For Sale
    $2,282,000

    Retail property with investment grade tenant and long-term lease.

    Property size:
    23,800 SF
    Lot size:
    4.71 Acres

    Property Features for 60 Burrell Plz

    General Information

    Size
    23,800 SF
    Lot size
    4.71 Acres

    Source: Newmark | Pittsburgh Agent Kevin Spence

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with Long-Term Lease

    This retail property features a NNN lease with an investment grade tenant. The property has over 9 years remaining on the lease and a 20-year operating history. The property has 23,800 net rentable square feet and an in-place capitalization rate of 7.30%.
    Location Intelligence

    Current Use by Public Records

    NNN properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Kensington
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.7647705
    Latitude
    40.5697892

    Nearby Similar for Sale

    • $649,900
      0.32 Acres

      Renovated Garage and Office Space

      Commercial garage and office space near Route 28.
      105 Entrance Dr, New Kensington, PA 15068
      View Details
    • $185,000
      Pending

      New Kensington Fourplex Investment Opportunity

      Four-unit building, fully occupied with long-term tenants, generating long-term income.
      512 Linden Ave, New Kensington, PA 15068
      View Details
    • $149,900
      0.08 Acres

      New Kensington Office Space Available

      Well-maintained office space with flexible configuration options in New Kensington.
      251 7Th St, New Kensington, PA 15068
      View Details
    • $389,000

      Versatile Building in Central Location

      Adaptable building suitable for office, school, or daycare use.
      948-950 5Th Ave, New Kensington, PA 15068
      View Details
    • $799,000

      Income-Producing Real Estate Portfolio

      Real estate portfolio featuring single-family homes and a fourplex.
      331-337 4Th Ave, New Kensington, PA 15068
      View Details
    • $680,000
      4,800 SF

      Leased Retail Investment Opportunity

      Fully leased retail property with stable tenant and high visibility.
      715 Craigdell Rd, New Kensington, PA 15068
      View Details

    FAQs

    What type of property is this?
    NNN property - Retail property with investment grade tenant and long-term lease.
    Where is this nnn property located?
    The property is located at 60 Burrell Plz New Kensington, PA.
    What is the asking price?
    The asking price for this property is $2,282,000.
    What are key features of this property?
    This property features: - Enjoy a solid 7.30% in-place Cap Rate; - NNN Lease provides a hands-off investment; - Benefit from a secure Investment Grade Tenant
    (412) 281-0100
    Request Owner's contact information
    60 Burrell Plz New Kensington, PA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    60 Burrell Plz
    New Kensington, PA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 Burrell Plz New Kensington, PA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.