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1731 Carson St Pittsburgh, PA 15203

Sponsored
For Sale
$2,450,000

High-yield USPS Net Lease Property

Property size:
4,800 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 4,800 square foot single-story retail building located at 1731 East Carson Street in Pittsburgh, Pennsylvania, 15203. Currently occupied by a credit-rated USPS tenant under a triple-net (NNN) lease, this property offers a secure and stable income stream. The building boasts convenient loading docks and ample off-street parking for six vehicles. The asking price is $2,450,000, translating to a compelling price per square foot of $510.42 and a strong 5.51% capitalization rate. The property generates a substantial net operating income (NOI) of $135,000 annually. The property is zoned LNC, ensuring flexibility for future uses. This multi-tenant building represents a rare chance to acquire a high-performing, income-producing asset in a desirable Pittsburgh location. The strong tenant and favorable lease terms make this an ideal addition to any investment portfolio seeking consistent returns and long-term stability. The property's strategic location and robust NOI make it a highly attractive investment opportunity. Serious inquiries are encouraged.

Property Features for 1731 Carson St

General Information

Property type
Retail properties
Square Feet
4,800 SF

Property Profile Location Intelligence

Current Use by Public Records

+/- Recording Recording Studio Chad M. Ostrosky, ... Law Firm Chef Jae & Co. Caterer United States Postal ... Post Office

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Pittsburgh
County
Allegheny
State
Pennsylvania
Longitude
-79.981022279851
Latitude
40.42881972807

FAQs

What type of property is this?
Retail property - High-yield USPS Net Lease Property
Where is this retail property located?
The property is located at 1731 Carson St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $2,450,000.
More about this property
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