1023 Pittsburgh Street Marketing Flyer
Black Diamond Realty is pleased to present to qualified buyers, 1023 Pittsburgh Street which includes two single-story office buildings on 3.76 acres. The buildings are comprised of 30,000 (+/-) square feet, 12,000 (+/-) square feet in Building 1 and 18,000 (+/-) square feet in Building 2. All of Building 1 is leased by Angel's Light. Building 2 is under constriction and the lease for 12,000 (+/-) square feet will commence upon approved COO. COO is expected April 2024. 6,000 (+/-) square feet of Building 2 is available for lease.
Black Diamond Realty is pleased to present to qualified buyers, 1023
Pittsburgh Street which includes two single-story office buildings on 3.76 acres. The buildings are comprised of 30,000 (+/-) square feet, 12,000 (+/-) square feet in Building 1 and 18,000 (+/-) square feet in Building 2. All of Building 1 is leased by Angel's Light. Building 2 is under constriction and the lease for 12,000 (+/-) square feet will commence upon approved COO. COO is expected April 2024. 6,000 (+/-) square feet of Building 2 is available for lease.
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INVESTMENT OVERVIEW<br />
<strong>1023</strong> PITTSBURGH STREET<br />
UNIONTOWN, PA 15401<br />
SALE PRICE / $2,595,000<br />
LEASE STRUCTURE / NNN<br />
LEASE RATE / $8.00 SQ FT / YEAR<br />
GROSS BUILDING SIZE / 30,000 (+/-) SQ FT<br />
BUILDING 1 (LOWER): 12,000 (+/-) SQ FT<br />
BUILDING 2 (UPPER, FRONT): 12,000 (+/-) SQ FT<br />
BUILDING 2 (UPPER, REAR): 6,000 (+/-) SQ FT<br />
TOTAL LEASED / 80 %<br />
BUILDING 1 (LOWER)<br />
FULLY LEASED<br />
BUILDING 2 (UPPER)<br />
12,000 SQ FT - LEASE COMMENCING APRIL 2024<br />
6,000 SQ FT - AVAILABLE FOR LEASE<br />
EXISTING TENANT LEASE TERMS / 10 YEAR LEASE, NNN + ANNUAL ESCALATIONS<br />
(Estimated Commencement April 2024)<br />
GROSS LOT SIZE / 3.76 (+/-) ACRE<br />
CAP RATE / 9.31%<br />
Black Diamond Realty is pleased to present to qualified buyers, <strong>1023</strong><br />
<strong>Pittsburgh</strong> <strong>Street</strong> which includes two single-story office buildings on 3.76 acres.<br />
The buildings are comprised of 30,000 (+/-) square feet, 12,000 (+/-) square feet<br />
in Building 1 and 18,000 (+/-) square feet in Building 2. All of Building 1 is leased<br />
by Angel's Light. Building 2 is under construction and the lease for 12,000 (+/-)<br />
square feet will commence upon approved COO. COO is expected April 2024.<br />
6,000 (+/-) square feet of Building 2 is available for lease.<br />
02 <strong>1023</strong> PITTSBURGH STREET • TWO OFFICE BUILDINGS • UNIONTOWN, PA
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