Riverview Plaza Retail
100 Tarentum Bridge Rd, New Kensington, PA 15068
For Sale
Contact for pricing
46,077 SF Riverview Plaza located in New Kensington, PA.
Property Size46,077 SF
Price / SF$151.92
Days on Market241
Property Features for 100 Tarentum Bridge Rd
General Information
Standard status
Size
Class
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Magna Carta Investment Group
Listed By:
Alex Wenzel · License PA 000167382-0
Source:
Crexi
Added: Mar 17
Changed: Nov 12
Last Checked: Nov 12 at 6:38AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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 / Yr
$531,222
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
446
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
0.3 miles
GetGo Gas Station
Shops & Services
17,465 visits/mo
0.2 miles
Wendy's
Dining
16,431 visits/mo
0.2 miles
Taco Bell
Dining
12,325 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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)
