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Shopping Strip

Spruce Drive

202 Spruce Dr, Slippery Rock, PA 16057

Listing Price: $1,058,000

Cap Rate
8.50%
Gross SF
6,731
Rentable SF
6,731
Price/Gross SF
$157.18
Lot Size
1.04 acres
Year Built
2004

Investment Overview

Property offering is comprised of 2 buildings - 1 STNL occupied by the US Office of Personnel Management and a 2-tenant building occupied by UPMC & Kids Innovation Playground

Investment Highlights

  • Creditworthy tenants, including government agencies and healthcare providers
  • Built in rent escalations for GSA/OPM & Kids Innovation Playground ensure income growth over lease term
  • Above average HHI in immediate area - $78K within 5 miles

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Shopping Strip

Spruce Drive

Listing Price: $1,058,000

Cap Rate
8.50%
Gross SF
6,731
Rentable SF
6,731
Price/Gross SF
$157.18
Lot Size
1.04 acres
Year Built
2004

Investment Highlights

  • Creditworthy tenants, including government agencies and healthcare providers
  • Built in rent escalations for GSA/OPM & Kids Innovation Playground ensure income growth over lease term
  • Above average HHI in immediate area - $78K within 5 miles

Investment Overview

Property offering is comprised of 2 buildings - 1 STNL occupied by the US Office of Personnel Management and a 2-tenant building occupied by UPMC & Kids Innovation Playground

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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