Riverview Plaza Retail
For Sale
Contact for pricing
100 Tarentum Bridge Rd, New Kensington, PA 15068
46,077 SF Riverview Plaza located in New Kensington, PA.
Property Size46,077 SF
Price / SF$151.92
Days on Market150
Property Features for 100 Tarentum Bridge Rd
General Information
Standard status
Active
Size
46,077 SF
Class
B
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$531,671
Building Details
Year Built
1963
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Magna Carta Investment Group
Listed By:
Alex Wenzel · License #000167382-0
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Aug 13 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magna Carta Investment Group
Investment Insights
Based on property information with market context.
The Riverview Plaza, a 46,077 square foot retail property, is available for sale. The property is located at 100 Tarentum Bridge Road in New Kensington, Pennsylvania. Situated just off Tarentum Bridge Road, the location benefits from a traffic volume of over 23,643 vehicles per day.
Key Highlights
- 46,077 SF Riverview Plaza
- Located at 100 Tarentum Bridge Road in New Kensington, PA
- High Traffic Location: Over 23,643 Vehicles Per Day (VPD)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$531,222
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,624,440
$10.6M
Cap Rate 7%
$7,588,886
$7.6M
Cap Rate 9%
$5,902,467
$5.9M
Market Conditions
NOI Build-Up for 46,077 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$829.4K $18.00/SF
− Vacancy
−$70.5K −$1.53/SF
EGI
$758.9K $16.47/SF
− OpEx
−$227.7K −$4.94/SF
NOI
$531.2K $11.53/SF
Area
Westmoreland County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,624,440
Cap Rate 7%
$7,588,886
Cap Rate 9%
$5,902,467
Alternative Uses
Best Use
Retail
$7.59M
$6.64M – $8.85M
NOI $531,222 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.74M
$10.27M – $13.69M
NOI $821,557 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
126k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Dining 34%
Shops & Services 22%
Hotels & Casinos 2%
Giant Eagle Supermarket
Groceries
48,385 visits/mo
0.2 miles
GetGo Gas Station
Shops & Services
17,465 visits/mo
0.2 miles
Wendy's
Dining
16,431 visits/mo
0.3 miles
Taco Bell
Dining
12,325 visits/mo
0.5 miles
Denny's
Dining
9,439 visits/mo
0.2 miles
Demographics for 15068, PA
37,104
Population
18,319
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
817
Density / Sq Mi
$62,997
Median Household Income
$42,795
Median Earnings
$749
Median Rent
$166,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Giant Eagle, 200 Tarentum Bridge Rd, New Kensington, PA 15068
Frequently Asked Questions
What type of property is this?
Shopping center - 46,077 SF Riverview Plaza located in New Kensington, PA.
Where is this shopping center located?
The property is located at 100 Tarentum Bridge Rd New Kensington, PA.
What is the asking price?
The asking price for this property is $6,999,999.
What are key features of this property?
This property features: 46,077 SF Riverview Plaza; Located at 100 Tarentum Bridge Road in New Kensington, PA; High Traffic Location: Over 23,643 Vehicles Per Day (VPD)
