Auto Service & Tire
For Sale
Contact for pricing
331 Cochran Road, Mt Lebanon, PA 15228
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 Market129
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
Changed: Jul 22
Last Checked: Jul 24 at 4:59PM
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
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,139
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 15228, PA
18,110
Population
7,776
Households
2.3
Avg Household Size
41
Median Age
67%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
5,659
Density / Sq Mi
$131,087
Median Household Income
$70,899
Median Earnings
$1,130
Median Rent
$363,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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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
Frequently Asked Questions
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
