• Broker David Hanley 4122616532 x 237

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

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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

ATTACHMENTS

carmel-square-sale (1)

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

FINANCIAL SUMMARY (PRO FORMA - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $206,855
Annual Per SF $11.39

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
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
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
69 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
276’ on Jacks Run Rd

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. - - - -

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Jacks Run Rd Preston Dr, NE 9,274 2024 0.15 mi
Jacks Run Road Catherine St, SE 8,254 2025 0.31 mi
Jacks Run Road Preston Dr, NE 9,228 2025 0.32 mi
Hoffman Road Dix Dr, NE 36 2025 0.35 mi
Lincoln Hwy Reiss Ln, SE 18,917 2024 0.48 mi
Lincoln Hwy Dix Dr, NW 20,826 2025 0.48 mi
Lincoln Highway Reiss Ln, NW 12,491 2025 0.49 mi
Bach Dr Dix Dr, SE 117 2023 0.56 mi
Bach Drive Dix Dr, SE 122 2025 0.56 mi
Lincoln Highway Luehm Ave, SE 11,625 2025 0.57 mi

NEARBY MAJOR RETAILERS

Giant Eagle
Citizens Bank
Denny's

PROPERTY TAXES

Parcel Number 0646-H-00300-0000-00 Improvements Assessment $88,900 (2024)
Land Assessment $186,100 (2024) Total Assessment $275,000 (2024)

PROPERTY TAXES

Parcel Number
0646-H-00300-0000-00
Land Assessment
$186,100 (2024)
Improvements Assessment
$88,900 (2024)
Total Assessment
$275,000 (2024)

MAP

ADDITIONAL PHOTOS

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