616 Hite Rd, Harwick, PA 15049-8945
- Commercial real estate
- 0.83 lot acres
Current Use by Public Records
- Watson Standard / Logistics Company
Property Details for 616 Hite Rd
- Lot size
- 0.83 lot acres
- Property type
- Commercial real estate
- APN
- 625-F-62
- APU
- 625F62
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 12, 2025 | — | 616 Hite Road L L C | — | Deed · related | $1M · Urgent Help L L C |
| Aug 12, 2024 | — | 616 Hite Road L L C | — | Deed · related | $6.3M · Neg Financing 4 L L C |
| Jul 21, 2022 | — | Six 616 Hite Rd L L C | — | Deed · related | $750k · 3rd Party Individual |
| May 4, 2022 | $1,716,075 | Six 616 Hite Rd L L C | Pittsburgh Tolling Company | Special Warranty Deed | $3M · P S G Lending L L C |
| Aug 10, 2018 | — | Watson Standard Co | — | Deed · related | $10M · Pnc Bk Natl Assn |
| — | — | Watson Standard Co | — | Deed Of Trust · related | $10M · Pnc Bk Natl Assn |
Description
This 85,400 square foot light industrial warehouse in Harwick, Pennsylvania, presents a compelling investment opportunity. Located at 616 Hite Rd, 15049, this Class B building boasts 100% occupancy under a 10-year absolute triple-net (NNN) lease with a single, nationally recognized tenant, Curtiss-Wright. The lease, initiated in June 2024, extends through 2034 and includes two five-year extension options, providing long-term stability and predictable cash flow. Built in 1970, the property features 7 loading docks, 3 drive-ins, and 16-foot ceilings, along with ample parking (50 spaces). The tenant has made significant improvements, including a private connector road linking the property to the adjacent Curtiss-Wright Electro-Mechanical Division (EMD) facility at 1000 Wright Way, ensuring seamless campus integration. The property benefits from convenient access to Route 28. Curtiss-Wright, a $7 billion global company, occupies the building and its adjacent facility. This presents a rare opportunity to acquire a fully leased, strategically located industrial asset with a strong, creditworthy tenant and significant long-term growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,745,000
- ML approach
- $1,685,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Harwick
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.8085
- Latitude
- 40.555
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
