213 Executive Dr, Cranberry Township, PA 16060
Commercial property for sale with high visibility and accessibility.
- Added:
- Feb 9, 2024
- Days on Market:
- 855
- Last Refresh:
- May 12 at 8:08 pm
Property Features for 213 Executive Dr
General Information
- Standard status
- Active
- Size
- 24,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agent Chris Garrity License #PA
Listing office NAI Burns Scalo
Listing date Feb 9, 2024
Source Crexi
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 NAI Burns Scalo
HighLights
- Prime commercial property in Cranberry, PA, ideal for owner‑occupiers and investors.
- Excellent location with easy access to major transportation routes (I‑79, PA Turnpike, Routes 19 & 228).
- Ample parking available.
- Convenient proximity to restaurants, hotels, and retail outlets.
- Building signage opportunities.
- Built in 1986.
Overview
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 | $360.0k | $15.00 |
| − Vacancy | −$14.4k | −$0.60 |
| EGI | $345.6k | $14.40 |
| − OpEx | −$103.7k | −$4.32 |
| NOI | $241.9k | $10.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cranberry Township
- County
- Butler
- State
- Pennsylvania
- Longitude
- -80.1069666
- Latitude
- 40.6866081
