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3887 Washington Rd, Mc Murray, PA, 15317
Drive-Through Taco Bell Ground Lease

3887 Washington Rd Mc Murray, PA 15317

For Sale
$1,660,000

Absolute triple-net ground lease Taco Bell built in 2015 with a drive-through along Washington Road.

Property Size2,740 SF
Price / SF$605.84
Days on Market52

Property Features for 3887 Washington Rd

General Information

Standard status
Active
Size
2,740 SF
Property subtype
Restaurant
Listing Agency:
Listed By: Timothy B. Stephenson Jr. · License #License(s) PA: RMR006104
Source: Marcusmillichap
Added: Jun 3 Changed: Jul 23 Last Checked: Jul 23 at 3:52PM

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 Timothy B. Stephenson Jr.


Investment Insights

Based on property information with market context.

This is an absolute triple-net Taco Bell ground lease property constructed in 2015, offering a modern QSR prototype with a drive-through. The lease has 14 years remaining, and the offering materials note limited near-term capex.

The property is located along Washington Road with over 24,000 vehicles per day and is positioned within a primary retail corridor. It is described as an outparcel to a dense retail mix that includes Giant Eagle, TJ Maxx, Five Below, Chase, Walgreens, and other national tenants.

The asset is in the McMurray, Pennsylvania area within the South Pittsburgh submarket, with the five-mile average household income cited as exceeding $136,000.

Key Highlights

  • Absolute triple‑net ground lease Taco Bell
  • Taco Bell constructed in 2015 (modern QSR prototype) with drive‑thru
  • 14 years remaining on the ground lease

Financial Insights For Specialty 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 $87.8k $32.04
− Vacancy −$9.0k −$3.28
EGI $78.8k $28.76
− OpEx −$19.7k −$7.19
NOI $59.1k $21.57
2,740 SF · lease $32.04/SF/yr · vacancy 10.24% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$844.3K
$738.8K – $985.0K (±1% cap)
NOI $59,100 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Taco Bell Restaurant

Suggested Use

Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage Electrical Service Garden Center HVAC Service Kitchen & Bath Showroom Hotel & Motel

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

FAQs

What type of property is this?
Drive through restaurant - Absolute triple-net ground lease Taco Bell built in 2015 with a drive-through along Washington Road.
Where is this drive through restaurant located?
The property is located at 3887 Washington Rd Mc Murray, PA.
What is the asking price?
The asking price for this property is $1,660,000.
What are key features of this property?
This property features: Absolute triple‑net ground lease Taco Bell; Taco Bell constructed in 2015 (modern QSR prototype) with drive‑thru; 14 years remaining on the ground lease
More about this property
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