1003 Village Center Dr - Restaurant FOR SALE
Tarentum, PA 15084 |
$2,848,000 USD
216-264-2043
1003 Village Center Dr
Tarentum, PA 15084
HIGHLIGHTS
- The lease commenced in September 2023, with 14.1 years remaining, and includes 10% rent increases every five years during the initial term and options
- Outparcel to Lowe’s, ranking top 14% nationally, a part of the larger Village at Pittsburgh Mills, and hosting 5.6 million annual visitors
- This Chipotle ranks in the top 30% nationally, top 28% in Pennsylvania, and #3 out of 11 Chipotles within a 15-mile radius
- The Chipotlane drive-thru is essential for digital orders, which accounted for 37% of sales in 2023
FOR SALE DETAILS
PRICE
$2,848,000 USD
PRICE/SF
$1,141 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.66 AC
LAND SF
28,750 SF
ZONING
-
APN/PARCEL ID
0728-D-00072-0000-00
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216-264-2043
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216-264-2043
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
