Pittsburgh MSA Industrial Freight Facility

Industrial

217 East View Drive Mount Pleasant (Pittsbugh MSA), PA
Price:
$ 7,916,000
Property Size:
20 sqft
Cap Rate:
6.00
NOI:
$ 475,006
Lot Size:
9 acres
Year Built:
2001 Expanded 2016
Status:
Sold

RECENTLY EXPANDED BUILT TO SUIT
The subject property was built in 2001 (expanded in 2016) and consists of a 20,200 square foot building with 56 dock doors on a 9.0 acre parcel of land. This was a built to suit project developed specifically for the tenant who uses the facility to service the I-70 and I-76 logistics corridors.

STRONG LOGISTICS LOCATION
The Property is centrally located within close proximity to the US-119 (25,000 VPD) Corridor with close proximity to I-70 (33,000 VPD). I-70 connects Pittsburgh (28 miles) to Harrisburg and to Philadelphia making it a well traveled and vital trade route.

ATTRACTIVE DEAL SIZE FOR RARE ASSET
This is a rare asset in an attractive deal size perfect for a 1031 buyer with limited landlord responsibilities.

ATTRACTIVE DEAL SIZE IN ALL AMERICAN COMMUNITY
This is a rare asset with an attractive deal size in an All American community with a diversified economy. Major industries in Mount Pleasant include the production of Coca Cola, flour, lumber, gas, iron, glass, and foundry products. There are numerous technology companies nearby such as, Cenveo Corporation, DNP Imagingcomm America Corporation, Westmoreland Advanced Technology, Keane Wireline, Philips Respironics Inc, and Reserved Environmental Services. Other major tenants in the area are Penske, Bobcat, Westinghouse, Baker Hughes, and Cintas, to name a few.

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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

Louis V. Oliva, CCIM, SIOR
412-434-1053

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