100 Cheryl Dr Pittsburgh, PA 15237
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 100 Cheryl Dr
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents a 0.488-acre outparcel strategically located at 100 Cheryl Drive in Pittsburgh, Pennsylvania, 15237. The property boasts a prominent 246-foot frontage on Cheryl Drive, offering unparalleled visibility and accessibility. Currently featuring a 550 square foot former bank building with a 1,200 square foot canopy and a four-lane drive-thru, this site is ideally suited for a variety of retail uses. The property is zoned C-1 Regional Commercial District and TD-1 Overlay District (McKnight Road Transportation), allowing for flexibility in development plans. The asking price is $400,000, with an annual rent of $40,000. Immediate delivery is available. This location benefits significantly from its proximity to Ross Park Mall, Western Pennsylvania's premier shopping destination, encompassing 1.237 million square feet and anchored by major retailers including Macy's, Nordstrom, Crate & Barrel, Dick's House of Sport, and L.L.Bean. This high-traffic area guarantees significant exposure and a strong customer base, making this an exceptional investment opportunity with immediate potential for high returns. The single-tenant property offers a straightforward investment strategy with clear potential for growth and profitability.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.0095
- Latitude
- 40.5365
