6290 Library Rd Bethel Park, PA 15102-4025

This exceptional investment opportunity presents a fee-simple ownership of a single-tenant, 2,420 square foot PNC Bank building located at 6290 Library Rd, Bethel Park, PA 15102. The property boasts a strong 7.25% cap rate and a substantial net operating income (NOI) of $145,530. The building, constructed in 1976, sits on a 0.87-acre lot and features a single story. The property benefits from a highly visible corner location on Library Road/Pennsylvania Route 88, a major thoroughfare. Nearby national retailers include Subway, 7-Eleven, BP, and Rite Aid, ensuring high traffic and visibility. The current lease with PNC Bank, a top 11% performer nationwide (according to Placer.ai), is an absolute NNN lease with a corporate guarantee, providing significant security. The lease has a remaining term of 5.9 years, expiring September 29, 2030, with a 5% rent bump option. The property also features a recently resealed and restriped parking lot (2024). This is a rare opportunity to acquire a high-performing, investment-grade asset in a prime location within Allegheny County, a thriving economic hub with over 1.25 million residents. The asking price is $2,007,000, translating to $829.34 per square foot. The lease includes one 5-year option. This is a turnkey investment with excellent potential for long-term growth and passive income.