Property profile

212 Outlet Way Greensburg, PA 15601

OFF-MARKET
Warehouses
84,720 SF 5.62 ac lot Built 1966
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully-leased, 84,720-square-foot warehouse situated on a 5.62-acre lot in Greensburg, Pennsylvania's vibrant downtown business district. The property, located at 212 Outlet Way, boasts a desirable Regional Commercial zoning designation and features a spacious single-story building constructed in 1966. High ceilings, ranging from 20 to 24 feet, provide ample storage and operational space. The warehouse benefits from a robust infrastructure, including a newer HVAC system, a recently replaced roof, and a comprehensive sprinkler system ensuring safety and efficiency. Ample parking is available with over 120 spaces for employees and customers. Currently operating at 100% occupancy, the property generates a strong cash flow with established tenants including World of Values Outlet and Habitat for Humanity. The strategic location on Route 30 provides exceptional visibility and accessibility, with a daily traffic count exceeding 31,000 vehicles. This property offers a rare combination of size, location, and strong tenancy, making it an ideal addition to any investment portfolio. The asking price is $2,700,000, translating to $31.87 per square foot. The property's zip code is 15601, and it's situated in Westmoreland County.

Property profile

Verified
Property type Warehouses
Year built 1966
Total area 84,720 SF
Lot 5.62 ac (244,807 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Discount Store Clothing & Fashion Store
  • Home Decor Store Department Store
  • Discount Store
  • Department Store

Location

212 Outlet Way Greensburg, PA 15601
Greensburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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