Perry Lane

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Perry Lane

Pittsburgh, PA 15229
Asking Price
$5.35M
Cap Rate
6%
Asset Type
Retail
Class
Class B

What's Special

New 15-Year Corporate Lease | High-Visibility Location <p><strong>Trophy Location | Pittsburgh MSA | Over 40,000+ AADT</strong></p><p></p><h3></h3><p>• Brand New Tractor Supply Company featuring the retailer’s latest prototype design, including an enhanced Garden Center, Feed Center, and expansive outdoor display area designed to serve both residential and agricultural customers.</p><p></p><p>• Long-Term 15-Year Corporate Guaranteed Lease providing secure cash flow with 5% rental increases every five years throughout the initial term and option peri

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NOI
$80,000
Cap Rate
1.50%
DSCR
0.25
Underwater
Cash-on-Cash
-14.81%
Monthly Payment
$26,468.881
Annual Cash Flow
$-237,626.571

Location & Travel Times