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Retail Center in Franklin, PA
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697 Allegheny Blvd, Franklin, PA 16323

114,982 SF retail center on 17.23 acres.

Space SizeContact for details
Days on Market272

Property Features for 697 Allegheny Blvd

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Pittsburgh
Listed By: Robert Gold, CCIM · License #Salesperson
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 20 at 10:40AM

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 CBRE | Pittsburgh

Investment Insights

Based on property information with market context.

Franklin Commons is a retail center with 114,982 square feet of space, situated on a 17.23-acre lot. The property is located in Franklin, Pennsylvania.

Key Highlights

  • 114,982 SF retail center
  • Situated on a 17.23‑acre lot
  • Located in the heart of Franklin, PA

Property Analytics

Current Use

A & C Buffet & Dinning Restaurant Big Lots Discount Store Western Union Bank Dollar General Discount Store Reno Warehouse LLC Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Plumbing Service Hair Salon Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
Well-served
Demand for This Use

Demographics for 16323, PA

15,116
Population
7,088
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
93%
High-School Grad
100.0 sq mi
ZIP Area
151
Density / Sq Mi
$62,233
Median Household Income
$35,566
Median Earnings
$762
Median Rent
$120,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Giant Eagle, 443 Allegheny Blvd, Franklin, PA 16323

Frequently Asked Questions

What type of property is this?
Shopping center - 114,982 SF retail center on 17.23 acres.
Where is this shopping center located?
The property is located at 697 Allegheny Blvd Franklin, PA.
What are key features of this property?
This property features: 114,982 SF retail center; Situated on a 17.23‑acre lot; Located in the heart of Franklin, PA
More about this property
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