Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Parking lots & garages

    500 Main St, Carnegie, PA 15106-2051

    0.38 ac lot Built 1900
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US73-5897318
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple Dunkin' located at 500 E Main St, Carnegie, PA 15106. The property boasts a new 15-year absolute NNN lease with a 5.50% cap rate and a strong NOI of $108,350. The 1,657 square foot building, constructed in 2022, sits on a 0.34-acre lot with 19 parking spaces. The lease includes 10% rent increases every five years and is guaranteed by Heartland Restaurant Group, the exclusive Dunkin' franchisee for the Pittsburgh MSA. This prime location on East Main Street sees over 18,600 vehicles daily and is conveniently situated approximately six miles from downtown Pittsburgh. The area features a high population density (over 237,000 within a five-mile radius) and is surrounded by national retailers such as CVS, Family Dollar, PNC Bank, Citizens Bank, Advance Auto Parts, and Dollar Tree. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio. The asking price is $1,970,000.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 1900
    Lot 0.38 ac (16,509 SF)
    APN 66-E-172
    UPID US73-5897318
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    2071 Ardmore Group LLC · 4 yrs held
    2071 Ardmore Group LLC
    since 2022
    Last sale
    $425,000
    4 recorded transactions
    2022
    $425,000
    2015
    $275,000
    2007
    $255,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 500 Main St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message