1909 New Texas Rd.
$2,125,000
25,600 sq ft
Primer investment opportunity in the Greater Pittsburgh area, a Well-maintained, fully-leased warehouse, with Two long-term, high-credit tenants:
1. Prosource Wholesale Flooring, a Retail home improvement wholesale warehouse and showroom.
2. American Made Nutrition, a Wholesale/retail fitness supplement creator and distributor.
Nearly Triple Net leases with future upside. Significant recent capital improvements.
The property is located in Plum/Monroeville, an East Pittsburgh Market, with easy access to I-376 and I-76, which provide access to multiple markets.
ABOUT 1909 NEW TEXAS RD.
| Price | $2,125,000 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2001 |
| Cap Rate | 9.18% | Parking Ratio | 1.76/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 13 FT 5 IN - 15 FT 6 IN |
| Property Sub-type | No. Dock-High Doors/Loading | 4 | |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 3.37 AC | Zoning Description | B-2 |
| Rentable Building Area | 25,600 SF | APN / Parcel ID | 1242-A-00194-0000-00 |
FINANCIAL SUMMARY (ACTUAL - 2019) | ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income | $268,618 | 10.49 |
| Other Income | $0 | 0.00 |
| Vacancy Loss | $0 | 0.00 |
| Effective Gross Income | $268,618 | 10.49 |
| Taxes | - | - |
| Operating Expenses | - | - |
| Total Expenses | $73,567 | 2.87 |
| Net Operating Income | $195,051 | 7.62 |
HIGHLIGHTS
- High traffic corridor
- Renovated parking lot
- LED lighting retro fit
MAJOR TENANT INFORMATION
TENANT SF OCCUPIED LEASE END DATE
American Made Nutrition
8,600
May 2026
ProSource
17,000
March 2023
AMENITIES
UTILITIES
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