191 Wyngate DrMonroeville, PA 15146

For Sale
Call for price

10,141 SF NNN Lease, 7.6 Years Left

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 10,141 square foot, single-tenant net lease office building located at 191 Wyngate Drive in Monroeville, Pennsylvania. The property, classified as Class C, boasts a strong 100% occupancy rate with a lease extending until June 30, 2032 – offering a remaining lease term of approximately 7.6 years. The tenant, Advanticom, a leading technology provider, occupies the entire space. The building underwent extensive interior renovations in 2015, resulting in modern and efficient office space. Ample parking is available, exceeding market standards with a ratio of 8 spaces per 1,000 square feet. The property's strong pro-forma NOI of $117,711 provides a stable income stream. Situated in a prime Monroeville location, the property offers convenient access to major transportation routes, including the Pennsylvania Turnpike, less than 1.5 miles away. The net lease structure minimizes landlord responsibilities, with the tenant responsible for repairs, taxes, insurance, utilities, and a prorated share of building capital expenditures. This presents a low-maintenance, high-return investment opportunity in a thriving technology sector. The building is a single-story structure built in 2015.

Highlights

  • Excellent Monroeville submarket location with easy access to major roadways.
  • Less than 1.5 miles to the Pennsylvania Turnpike.
  • Single-tenant net lease with minimal landlord responsibilities.
  • Tenant, Advanticom, a Pittsburgh-based IT consulting firm, responsible for all operating expenses including their pro-rata share of capital expenditures.

Property Details for 191 Wyngate Dr

Property type
Other office properties, Office properties
Square Feet
10,141 SF
Class
C
Year Renovated
2015
Buildings
1
Stories
1

Location Insight

City
Monroeville
County
Allegheny
State
Pennsylvania
Latitude
40.4327831
Longitude
-79.7819839
191 Wyngate Dr, Monroeville, Pennsylvania

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191 Wyngate Dr
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