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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

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
More about this property
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