Auto Dealership
Tesla Store & Service Center | 7.50% Cap Rate | NASDAQ: TSLA | AHHI Exceeds $200,000+ in 3-Miles
14010 Perry Hwy, Wexford, PA 15090
Listing Price: $8,771,000
Cap Rate
7.50%
Tenant Name
Tesla Motors, PA, Inc.
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
18,400
Lease Type
Double Net
Rent Per Square Feet
$35.75
Investment Overview
Marcus & Millichap is pleased to present a Tesla Store & Service Center located in Wexford, PA (Pittsburgh MSA).
Tesla Store & Service Center | 7.50% Cap Rate | NASDAQ: TSLA | AHHI Exceeds $200,000+ in 3-Miles
Investment Highlights
- Corporate Guarantee (NASDAQ: TSLA - $838.8B Market Cap)
- Recent 5-Year Option Renewal with no Concessions
- One of Two Tesla Locations in the Pittsburgh Metropolitan Area
- Extremely Affluent Pittsburgh Sub-Market ($204,000+ AHHI in 3-Mile)
- Dense Trade Area with Strong Traffic Drivers
Broker of Record
Financing By
Auto Dealership
Tesla Store & Service Center | 7.50% Cap Rate | NASDAQ: TSLA | AHHI Exceeds $200,000+ in 3-Miles
Listing Price: $8,771,000
Cap Rate
7.50%
Tenant Name
Tesla Motors, PA, Inc.
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
18,400
Lease Type
Double Net
Rent Per Square Feet
$35.75
Investment Highlights
- Corporate Guarantee (NASDAQ: TSLA - $838.8B Market Cap)
- Recent 5-Year Option Renewal with no Concessions
- One of Two Tesla Locations in the Pittsburgh Metropolitan Area
- Extremely Affluent Pittsburgh Sub-Market ($204,000+ AHHI in 3-Mile)
- Dense Trade Area with Strong Traffic Drivers
Investment Overview
Marcus & Millichap is pleased to present a Tesla Store & Service Center located in Wexford, PA (Pittsburgh MSA).
Broker of Record
Financing By
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