3101 Washington Pike, Bridgeville, PA 15017-1416
This exceptional investment opportunity presents a newly constructed, single-tenant, absolute NNN leased car wash in Bridgeville, Pennsylvania. The 4,224 square foot facility, situated on a 1.81-acre lot (APN 322-K-2), boasts 100% occupancy with a strong, established tenant: ModWash. The property features a 20-year primary lease term commencing at closing, with six 5-year option periods and attractive 1.5% annual rent increases. This translates to a substantial NOI of $358,955 and a compelling 6.50% cap rate, making it an ideal asset for a 1031 exchange or any investor seeking long-term, inflation-resistant income with zero landlord responsibilities. The strategic location on Washington Pike (over 23,500 vehicles per day), less than half a mile from Interstate 79 (72,116 VPD), and within 15 miles of downtown Pittsburgh ensures high visibility and accessibility. The surrounding area features a robust mix of national retailers, including The Home Depot, ALDI, and Giant Eagle, further enhancing the property's value and potential. The asking price is $5,520,000 ($1,306.82 per square foot). This is a rare opportunity to acquire a premium, passively managed asset in a thriving market with a proven track record of growth and strong financials. The property's eco-friendly design and construction further contribute to its appeal.
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ModWash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.