Skip to main content

Restaurant

Plaza Azteca | 11+ Years Remaining on Absolute NNN Lease

4310 Northern Pike, Monroeville, PA 15146

Listing Price: $1,800,000

Cap Rate
7.50%
Tenant Name
Plaza Azteca Monroeville, Inc.
Years Remaining On Lease
11.2
Guarantor
Personal Guarantee
Rentable SF
4,744
Lease Type
Absolute Net
Rent Per Square Feet
$28.46

Investment Overview

Plaza Azteca is an absolute NNN-leased investment ideally positioned in Monroeville within the Pittsburgh MSA, benefiting from a dense surrounding population of more than 115,000 people within a 5-mile radius. The property is located directly across from a newly constructed Starbucks and is surrounded by a strong mix of national retailers and service providers, including McDonald’s, Lowe’s, Chick-fil-A, NTB, Chase Bank and Mr. Tire. The property is also just one block from Gateway High School, which serves more than 1,100 students, and approximately one mile from Miracle Mile Shopping Center, a 302,000+ SF retail destination featuring numerous national tenants. Additionally, the property is strategically positioned between Forbes Hospital and UPMC East Hospital, representing approximately 440 combined beds, while offering convenient access to U.S. Route 22 and the Pennsylvania Turnpike, providing strong connectivity throughout the Pittsburgh region and across Pennsylvania.

Investment Highlights

  • 11+ Years Remaining on Absolute NNN Lease
  • 10% Rent Increases
  • Recently renovated for Plaza Azteca

Broker of Record

  • Timothy B. Stephenson Jr

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Restaurant

Plaza Azteca | 11+ Years Remaining on Absolute NNN Lease

Listing Price: $1,800,000

Cap Rate
7.50%
Tenant Name
Plaza Azteca Monroeville, Inc.
Years Remaining On Lease
11.2
Guarantor
Personal Guarantee
Rentable SF
4,744
Lease Type
Absolute Net
Rent Per Square Feet
$28.46

Investment Highlights

  • 11+ Years Remaining on Absolute NNN Lease
  • 10% Rent Increases
  • Recently renovated for Plaza Azteca

Investment Overview

Plaza Azteca is an absolute NNN-leased investment ideally positioned in Monroeville within the Pittsburgh MSA, benefiting from a dense surrounding population of more than 115,000 people within a 5-mile radius. The property is located directly across from a newly constructed Starbucks and is surrounded by a strong mix of national retailers and service providers, including McDonald’s, Lowe’s, Chick-fil-A, NTB, Chase Bank and Mr. Tire. The property is also just one block from Gateway High School, which serves more than 1,100 students, and approximately one mile from Miracle Mile Shopping Center, a 302,000+ SF retail destination featuring numerous national tenants. Additionally, the property is strategically positioned between Forbes Hospital and UPMC East Hospital, representing approximately 440 combined beds, while offering convenient access to U.S. Route 22 and the Pennsylvania Turnpike, providing strong connectivity throughout the Pittsburgh region and across Pennsylvania.

Broker of Record

  • Timothy B. Stephenson Jr

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

MM Texture Background
MM Textured Background Lower