Carmel Square 1191-1197 Jacks Run Rd 18,168 SF 100% Leased Retail Building North Versailles, PA 15137 $2,955,000 ($162.65/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Located next to new proposed townhouse development and minutes from PA Turnpike, Route 376 and Route 30
- Zoned: Commercial
- Ample Free Parking
- Fully occupied retail center
FINANCIAL SUMMARY (PRO FORMA - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$206,855
|
$11.39
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
18,168 SF
Building Class
C
Year Built
2005
Price
$2,955,000
Price Per SF
$162.65
Cap Rate
7%
NOI
$206,850
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
5.00 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
69 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Allegheny County Juvenile Probation
- -
- -
- -
- -
- Family Health Service Inc
- -
- -
- -
- -
- Pediatria Healthcare, LLC
- -
- -
- -
- -
- Three Rivers Family Hospice, Inc.
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Allegheny County Juvenile Probation | - | - | - | - | ||
| Family Health Service Inc | - | - | - | - | ||
| Pediatria Healthcare, LLC | - | - | - | - | ||
| Three Rivers Family Hospice, Inc. | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0646-H-00300-0000-00 | Improvements Assessment | $88,900 (2024) |
| Land Assessment | $186,100 (2024) | Total Assessment | $275,000 (2024) |
