Auto Service & Tire
331 Cochran Road Mt Lebanon, PA 15228
331 Cochran Road, Mt Lebanon, PA, 15228
Contact for pricing
For Sale
Contact for pricing
Monro Auto Service & Tire Center for sale, totaling 3,048 square feet on 0.51 acres.
Property Size3,048 SF
Lot Size0.51 Acres
Price / SF$192.59
Days on Market121
Property Features for 331 Cochran Road
General Information
- Standard status
- Active
- Size
- 3,048 SF
- Lot size
- 0.51 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1964
Listing agency
CBRE - Pittsburgh
(412) 471-9500
Listed by
Robert Gold, CCIM · License #PA RS170594L
Source
Crexi
Added: Mar 25 Updated: Jul 22 at 2:53PM Checked: Jul 22 at 2:53PM
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 CBRE - Pittsburgh
Investment Insights
Based on property information with market context.
The Monro Auto Service & Tire Center is being offered for sale as a 3,048-square-foot automotive property on 0.51 acres. The offering is tied to Monro’s ground lease, which includes approximately 3.1 years of term remaining.
The ground lease also provides for two separate 5-year renewal options, with rent increases of 10% in each renewal period. The property is located at 331 Cochran Road in Mt. Lebanon, Pennsylvania, part of the Pittsburgh, PA MSA.
This is an established automotive service and tire location presented for purchase with the current ground lease in place.
The ground lease also provides for two separate 5-year renewal options, with rent increases of 10% in each renewal period. The property is located at 331 Cochran Road in Mt. Lebanon, Pennsylvania, part of the Pittsburgh, PA MSA.
This is an established automotive service and tire location presented for purchase with the current ground lease in place.
Key Highlights
- 3,048‑square‑foot Monro Auto Service & Tire Center for sale
- Sits on 0.51 acres in Mt. Lebanon, Pennsylvania (Pittsburgh, PA MSA)
- Ground lease includes 3.1 years of term remaining
Local Financial Insights For Retail
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 | $54.9k | $18.00 |
| − Vacancy | −$4.1k | −$1.35 |
| EGI | $50.7k | $16.65 |
| − OpEx | −$15.2k | −$5.00 |
| NOI | $35.5k | $11.66 |
3,048 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$507.5K
$444.1K – $592.1K
NOI $35,524 @ 7.0% cap · market cap 6.05%
Second Best
Industrial
$245.9K
$215.2K – $286.9K
NOI $17,215 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$970.7K
$849.4K – $1.13M
NOI $67,951 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Monro Auto Service ...
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Brakes Forever — Mt Lebanon, PA 15243
- Off Liberty Auto — 3233 W Liberty Ave, Pittsburgh, PA 15216
- Mr. Patriot Towing Service LLC — 731-733 Washington Rd, Pittsburgh, PA 15228
- Elusive Auto Shine — 1 Cedar Blvd, Pittsburgh, PA 15228
- Monro Auto Service And Tire Centers — 331 Cochran Rd, Mt Lebanon, PA 15228
FAQs
What type of property is this?
Auto shop - Monro Auto Service & Tire Center for sale, totaling 3,048 square feet on 0.51 acres.
Where is this auto shop located?
The property is located at 331 Cochran Road Mt Lebanon, PA.
What is the asking price?
The asking price for this property is $587,000.
What are key features of this property?
This property features: 3,048‑square‑foot Monro Auto Service & Tire Center for sale; Sits on 0.51 acres in Mt. Lebanon, Pennsylvania (Pittsburgh, PA MSA); Ground lease includes 3.1 years of term remaining
