Multi-Tenant Flex
For Sale
$1,950,000
6675 State Route 30, Jeannette, PA 15644
Adaptable commercial building combining showroom, office, warehouse, and service-oriented space in a regional commercial district.
Property Size22,684 SF
Lot Size3.54 Acres
Price / SF$85.96
Days on Market221
Property Features for 6675 State Route 30
General Information
Standard status
Active
Size
22,684 SF
Total Parking Spaces
38
Lot size
3.54 Acres
Zoning
RC – Regional Commercial District
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
18,000 SF
Taxes and HOA fees
Annual Taxes
$20,725
Amenities
office suites
lunch rooms
utility areas
ADA-compliant restrooms
covered loading docks
drive-in doors
gas-fired heating
central air conditioning
rooftop unit
upgraded electrical service
wireless monitored fire alarm and security system
Building Details
Buildings
1
Stories
1
Building Size
22,684 SF
Tenancy
Multi
Listing Agency:
CENTURY 21 FAIRWAYS REAL ESTATE
(724) 864-5916
Listed By:
Susan Gill/ Dan Lyons · License #RM423921
(724) 864-5916
Source:
Exprealty
Added: Jan 21
Changed: Aug 29
Last Checked: Aug 29 at 10:43PM
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 CENTURY 21 FAIRWAYS REAL ESTATE
Investment Insights
Based on property information with market context.
This 22,684-square-foot flex property combines retail and showroom areas, private offices, conference space, workrooms, and approximately 18,000 square feet of warehouse area. The one-story building is arranged in three connected sections, supporting separate occupancies or a consolidated user. Warehouse features include clear heights up to 16 feet, multiple dock and drive-in doors, covered loading areas, rear delivery circulation, and approximately 38 paved parking spaces. Additional improvements include lunch rooms, utility areas, ADA-compliant restrooms, gas-fired heating, central air in office areas, rooftop units, upgraded electrical service, and monitored fire and security systems.
The property occupies approximately 3.542 acres, including about 1.5 acres of usable land, with 427 feet of frontage along the westbound lanes of U.S. Route 30 at 6675 State Route 30 in Jeannette, Pennsylvania. Public water, electric, and gas serve the property, with on-site septic. RC – Regional Commercial District zoning supports a broad range of commercial uses.
The property occupies approximately 3.542 acres, including about 1.5 acres of usable land, with 427 feet of frontage along the westbound lanes of U.S. Route 30 at 6675 State Route 30 in Jeannette, Pennsylvania. Public water, electric, and gas serve the property, with on-site septic. RC – Regional Commercial District zoning supports a broad range of commercial uses.
Key Highlights
- Approximately 22, 684 square feet across retail, office, and warehouse areas
- Approximately 18, 000 square feet of warehouse space with clear heights up to 16 feet
- 427 feet of frontage along U.S. Route 30
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$160,720
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,214,400
$3.2M
Cap Rate 7%
$2,296,000
$2.3M
Cap Rate 9%
$1,785,778
$1.8M
Market Conditions
NOI Build-Up for 22,684 SF
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.
Gross rent
$200.3K $8.83/SF
− Vacancy
−$11.2K −$0.49/SF
EGI
$189.1K $8.34/SF
− OpEx
−$28.4K −$1.25/SF
NOI
$160.7K $7.09/SF
Area
Westmoreland County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,214,400
Cap Rate 7%
$2,296,000
Cap Rate 9%
$1,785,778
Alternative Uses
Best Use
Retail
$3.74M
$3.27M – $4.36M
NOI $261,524 @ 7.0% cap · market cap 13.41%
Second Best
Warehouse
$2.30M
$2.01M – $2.68M
NOI $160,720 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$5.78M
$5.06M – $6.74M
NOI $404,458 @ 7.0% cap · market cap 20.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15644, PA
18,320
Population
9,272
Households
2
Avg Household Size
46
Median Age
28%
College-Educated
96%
High-School Grad
22.1 sq mi
ZIP Area
829
Density / Sq Mi
$64,555
Median Household Income
$41,416
Median Earnings
$860
Median Rent
$160,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- High On The Hog — 4567 Lincoln Ave, Jeannette, PA 15644
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial building combining showroom, office, warehouse, and service-oriented space in a regional commercial district.
Where is this flex space located?
The property is located at 6675 State Route 30 Jeannette, PA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approximately 22, 684 square feet across retail, office, and warehouse areas; Approximately 18, 000 square feet of warehouse space with clear heights up to 16 feet; 427 feet of frontage along U.S. Route 30
