Turnkey Restaurant Near Monroeville
8 Tech One Dr Monroeville, PA 15146
For Sale
Contact for pricing
7,800 SF turnkey restaurant with high visibility location.
Property Size7,800 SF
Price / SF$128.21
Days on Market643
Property Features for 8 Tech One Dr
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Property subtype
- Retail
Listing Agency:
NAI Burns Scalo
(724) 825-0888
Listed By:
Andreas Kamouyerou · License #PA RS340004
Source:
Crexi
Added: Oct 22, 2024
Changed: Jul 10
Last Checked: Jul 25 at 1:05PM
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
Investment Insights
Based on property information with market context.
This 7,800 SF property is a turnkey restaurant, previously operating as a hibachi restaurant. The property includes furniture, fixtures, and equipment. It features over 70 parking spaces. Located less than a mile from Monroeville Mall, the property benefits from high visibility and foot traffic. A liquor license is available. The property is suitable for retail investors.
Key Highlights
- Turnkey 7,800 SF restaurant with included furniture, fixtures, and equipment.
- Strategic location less than a mile from Monroeville Mall, ensuring high visibility and foot traffic.
- 70+ parking spaces.
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 | $108.6k | $13.92 |
| − Vacancy | −$5.4k | −$0.70 |
| EGI | $103.1k | $13.22 |
| − OpEx | −$25.8k | −$3.31 |
| NOI | $77.4k | $9.92 |
7,800 SF · lease $13.92/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.11M
$967.0K – $1.29M
NOI $77,360 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,075 @ 7.0% cap · market cap 13.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - 7,800 SF turnkey restaurant with high visibility location.
Where is this conventional restaurant located?
The property is located at 8 Tech One Dr Monroeville, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Turnkey 7,800 SF restaurant with included furniture, fixtures, and equipment.; Strategic location less than a mile from Monroeville Mall, ensuring high visibility and foot traffic.; 70+ parking spaces.
