Building Details

Tenancy Single

Listing Agency: Colliers | Pittsburgh Show Phone

Listed By: Ian Dupre · License #RS350195 Show Phone

Source: Moodyscre

Added: Jul 1 Changed: Oct 15 Last Checked: Oct 20 at 6:18PM

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Investment Insights

Based on property information with market context.

Colliers presents the opportunity to acquire a freestanding retail building with 3 auto service bays and attached office/retail space. The property is fully occupied by Valvoline, an auto service and repair business, with a remaining lease term of 14.25 years. The building sits on a 0.56-acre lot and includes onsite parking.

The property offers immediate access to US Route 30 and is prominently visible from the highway. It is located directly between a Speedway gas station and convenience store, a Dollar General, and an O’Reilly Auto Parts location, positioned on a prominent throughway supporting surrounding retail and residential clusters.

Within a 5-mile radius, the area includes 127,000+ residents with an average household income of $83,939, with the Rt. 30 retail corridor featuring operators including Home Depot, Tractor Supply Co., Walmart, AutoZone, and Planet Fitness.

Key Highlights

• 2,089‑SF freestanding retail building on a 0.56‑acre lot at 1716 Lincoln Highway in North Versailles, PA.
• Fully occupied by Valvoline (auto service and repair) with 14.25 years remaining on the lease term.
• Includes 3 auto service bays plus attached office/retail space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,347

Cap Rate

2.80%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$486,940 $486.9K

Cap Rate 7%

$347,814 $347.8K

Cap Rate 9%

$270,522 $270.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,089 SF

Gross rent

$37.6K $18.00/SF

− Vacancy

−$2.8K −$1.35/SF

EGI

$34.8K $16.65/SF

− OpEx

−$10.4K −$5.00/SF

NOI

$24.3K $11.66/SF

Area

Allegheny County, PA

Vacancy

7.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$486,940

Cap Rate 7%

$347,814

Cap Rate 9%

$270,522

Alternative Uses

Best Use

Retail

$347.8K

$304.3K – $405.8K (±1% cap)

NOI $24,347 @ 7.0% cap · market cap 2.80%

Second Best

Industrial

$159.2K

$139.3K – $185.8K (±1% cap)

NOI $11,145 @ 7.0% cap · market cap 1.28%

Theoretical Best

Office A

$532.1K

$465.6K – $620.8K (±1% cap)

NOI $37,247 @ 7.0% cap · market cap 4.28%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Costa Oil - 10 ... Gas Station Costa Oil - 10 ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Law Firm Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Service bays

100%

Occupancy

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

233

Businesses Nearby

137k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 30% Shops & Services 27% Dining 16% Groceries 14%

GetGo Gas Station Shops & Services

34,187 visits/mo 0.2 miles

The Home Depot Home Improvements & Furnishings

27,539 visits/mo 0.2 miles

Aldi Groceries

18,955 visits/mo 0.3 miles

Big Lots Superstores

13,107 visits/mo 0.3 miles

Tractor Supply Co. Home Improvements & Furnishings

12,962 visits/mo 0.4 miles

Demographics for 15137, PA

9,939

Population

5,336

Households

1.9

Avg Household Size

47

Median Age

22%

College-Educated

94%

High-School Grad

7.9 sq mi

ZIP Area

1,258

Density / Sq Mi

$51,766

Median Household Income

$40,051

Median Earnings

$869

Median Rent

$115,300

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Similar Off Market Nearby

• Dent Wizard — 15091 Lincoln Hwy, Irwin, PA 15642
• Oil change — 1029 Preston Dr, North Versailles, PA 15137
• Twice's Towing — 1949 Lincoln Hwy rear, North Versailles, PA 15137
• 1 Touch Tint — 1963 Lincoln Hwy, North Versailles, PA 15137
• Victory Lane Auto Services — 1954 Lincoln Hwy, North Versailles, PA 15137

Frequently Asked Questions

What type of property is this?

Auto shop - Freestanding retail building with three service bays, attached office/retail space, and onsite parking, fully occupied by Valvoline.

Where is this auto shop located?

The property is located at 1716 Lincoln Hwy North Versailles, PA.

What is the asking price?

The asking price for this property is $869,566.

What are key features of this property?

This property features: 2,089‑SF freestanding retail building on a 0.56‑acre lot at 1716 Lincoln Highway in North Versailles, PA.; Fully occupied by Valvoline (auto service and repair) with 14.25 years remaining on the lease term.; Includes 3 auto service bays plus attached office/retail space.