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Miscellaneous

Range USA | New 20-Yr. Lease

1050 Robinson Centre Dr, Pittsburgh, PA 15205

Listing Price: $6,700,000

Cap Rate
6.00%
Tenant Name
Range USA
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Double Net
Rent Per Square Feet
$26.53

Investment Overview

Marcus & Millichap is pleased to present the Range USA in Pittsburgh, PA.

Investment Highlights

  • 20-Year Lease with 5% Rental Increases Throughout the Base Term and Option Periods
  • Strong Corporate Guaranty, 40+ Locations in 8 States and Expanding
  • World's Largest Indoor Gun Range Operator and Industry Leader in Firearm Sales, Training, and Education
  • 2022 on Pace to See the 3rd Largest Number of Guns Sold Since Records Began
  • Firearms Retailers Classified Nationally as an Essential Business
  • Brand New High-Quality Brick/Block Construction, Minimal Landlord Responsibilities
  • Serving Over 127,799 Residents in Growing Primary Trade Area
  • Close Proximity to Three Multi-Million Dollar Housing Developments with 582 Residences

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Miscellaneous

Range USA | New 20-Yr. Lease

Listing Price: $6,700,000

Cap Rate
6.00%
Tenant Name
Range USA
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Double Net
Rent Per Square Feet
$26.53

Investment Highlights

  • 20-Year Lease with 5% Rental Increases Throughout the Base Term and Option Periods
  • Strong Corporate Guaranty, 40+ Locations in 8 States and Expanding
  • World's Largest Indoor Gun Range Operator and Industry Leader in Firearm Sales, Training, and Education
  • 2022 on Pace to See the 3rd Largest Number of Guns Sold Since Records Began
  • Firearms Retailers Classified Nationally as an Essential Business
  • Brand New High-Quality Brick/Block Construction, Minimal Landlord Responsibilities
  • Serving Over 127,799 Residents in Growing Primary Trade Area
  • Close Proximity to Three Multi-Million Dollar Housing Developments with 582 Residences

Investment Overview

Marcus & Millichap is pleased to present the Range USA in Pittsburgh, PA.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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