Valvoline NNN Investment
Market Price
698 South Pike Road, Sarver, PA 16055
4,428 sqft
Building Size
0.91 acres
Lot Area
Details:
Highlights:
- Strong Corporate Guarantee
- Just under 9 years of initial term remaining
- Three 5-year extension options, and a 4th option of 4-years + 11-months
- 10% rent escalations every 5 years
- +/- 16,000 Vehicles Per Day
Description:
The subject property is situated at a signalized intersection along the predominant retail corridor, and is less than
1 mile from Route 28. Recent retail redevelopments along this strip include GetGo Cafe + Market, Sheetz, Burger
King and Arby's stores. This area is seeing an influx of population in recent years due to more favorable tax rates
than in areas closer to Pittsburgh, and is poised to continue that growth trajectory in the years to come.
Located at the intersection of South Pike Road and Cole Road in Sarver, PA, this site is within a 30 minute drive to Downtown Pittsburgh but sits in Butler County, which has benefitted from a recent uptick in population growth due to outward growth from Allegheny County with residents seeking the more favorable tax rates of Butler County.
All paid by tenant
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum__L_.pdf | ||
| Offering_Memorandum__L_.pdf |
Location
