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    OFF-MARKET Estimated value $1,095,000
    Car washes

    3101 Washington Pike, Bridgeville, PA 15017-1416

    1,193 SF 1.81 ac lot Built 1939
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US73-0542795
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Year built 1939
    Total area 1,193 SF
    Lot 1.81 ac (79,005 SF)
    APN 322-K-2
    UPID US73-0542795
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ModWash Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.05M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.10M
    Owner & transaction history
    Hutton South Fayette Pa St L L C · 5 yrs held
    Hutton South Fayette Pa St L L C
    since 2021
    Last sale
    $1.1M
    1 recorded transaction
    2021
    $1.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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