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    Mattress Firm
    $1,948,000
    Plus Pittsburgh, PA
    Lease Type
    NN
    Cap Rate
    7.39%
    Property Type

    Retail

    Building Size
    4,000 SF
    NOI
    $144,000
    Land Area
    0.52 AC
    Remaining Term
    10 Years
    Status
    Sold
    Michael Zimmerman
    Michael Zimmerman
    Founder
    Property Highlights
    Prime Investment

    This NN Mattress Firm lease features minimal landlord responsibilities. There are also scheduled rental increases and an additional option to renew.

    Strategic Location

    This area of McKnight Road is the prominent, primary retail corridor in the market. McKnight Road features several high-end furnishing retailers including At Home, Kirkland’s and The Container Store.

    Accessible Site

    The site sits at a visible corner location adjacent to The Block Northway. Visitors to the site have easy access to downtown Pittsburgh and the 2.3 million people who call the area home.

    In-Line Rental Rates

    This Mattress Firm lease features rental rates that are firmly in-line with market rents along McKnight Road, which are currently $36 per square foot.

    This property is listed in conjunction with Pennsylvania Broker Aaron Savin of ECHO Real Estate Services Company (PA RE license RM419391).

    Mattress Firm
    Pittsburgh, PA
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