Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    University Centre Retail Opportunity Title is generated by Realmo AI

    9898 University Boulevard, Coraopolis, PA 15108

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail, service, and restaurant spaces near Pittsburgh International Airport.

    Type:Retail
    Property size:
    4,497 SF
    Added:
    Nov 22, 2025
    Days on Market:
    192
    Last Refresh:
    May 19 at 8:48 pm

    Property Features for 9898 University Boulevard

    General Information

    Standard status
    Active
    Size
    4,497 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Steven Esposito

    Listing agent Steven Esposito License #Salesperson

    Listing office CBRE | Pittsburgh

    Listing date Nov 22, 2025

    Source Cbre

    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

    HighLights

    • Adjacent to Pittsburgh International Airport
    • Features a comprehensive mix of retail, service, and restaurant tenants
    • Ideal location to serve residents, travelers, students, and commuters
    • Join established tenants like Panera, The Milkshake Factory, Tropical Smoothie Cafe, and Five Guys
    • Minutes away from Robert Morris University, capturing student and visitor traffic
    • 600‑car park‑n‑ride adjacent to the site

    Overview

    University Centre, a 25,000 square foot development, is located adjacent to Pittsburgh International Airport. The property features a mix of retail, service, and restaurant tenants. It is positioned to serve residents, travelers, students, and commuters. The location is suitable for businesses such as doctor offices, physical therapy, chiropractic, urgent and immediate care, hair salons, day spas, general merchandise, and professional services. Current tenants include Panera, The Milkshake Factory, Tropical Smoothie Cafe, and Five Guys. The property is located minutes from Robert Morris University and features a 600-car park-n-ride adjacent to the site. Available spaces range from 4,497 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • University Centre — 9898 University Blvd, Moon Twp, PA 15108
    • Thorn Run Crossing — 1136 Thorn Run Rd, Moon Twp, PA 15108

    Location Insight

    • Map
    • Local Demand
    City
    Coraopolis
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.2225203
    Latitude
    40.5006984

    Nearby Similar for Lease

    • $599,900 SF/Yr
      5,752 SF

      Kennedy Township Medical/Office Building

      Versatile 5,752 SF building suitable for medical, office, or childcare.
      86 Coraopolis Rd, Kennedy Twp, PA 15108
      View Details
    • $650/Mo
      384 SF

      Updated Office Space For Rent

      Professional office space with ample light, convenient location, and parking.
      1004 Brodhead Rd, Moon/Crescent Twp, PA 15108
      View Details
    • Contact for pricing
      1,150 SF

      Versatile Office Building in Coraopolis

      Well-maintained office building in a high-traffic, central location.
      401 Locust St, Coraopolis, PA 15108
      View Details
    • $28 SF/Yr
      10,133 SF

      Cherrington Corporate Center Office Space

      Office space in a corporate center near Pittsburgh Airport.
      200 Corporate Center Drive, Coraopolis, PA, 15108
      View Details
    • $30 SF/Yr
      63,958 SF

      Cherrington Corporate Center Office Space

      Office space available in a convenient airport-adjacent corporate center.
      400 Fairway Drive, Coraopolis, PA, 15108
      View Details
    • $32 SF/Yr
      10,741 SF

      Office Space in RIDC Park

      Office space for rent in RIDC Park West.
      200 Industry Drive, Coraopolis, PA, 15275
      View Details
    • Contact for pricing

      Luxury Office/Flex/Industrial/Retail Space

      Move-in ready space near Pittsburgh Airport with I-376 signage.
      400 Industry Drive, Coraopolis, PA 15103
      View Details
    • Contact for pricing
      132,053 SF

      Coraopolis Warehouse with Highway Exposure

      132,053 SF available with highway exposure and easy access.
      1000 Blue Sky Lane, Coraopolis, PA, 15108
      View Details
    • Contact for pricing
      5,000 SF

      Coraopolis Office Building For Lease

      Office building with available space for lease in Coraopolis.
      400 Lindbergh Dr, Coraopolis, PA 15108
      View Details
    • Contact for pricing
      8,000 SF

      Coraopolis Office Space For Lease

      Office space available for lease in Coraopolis, Pennsylvania.
      300 Lindbergh Dr, Coraopolis, PA 15108
      View Details
    • Contact for pricing
      2,928 SF

      Coraopolis Office Space Available

      Office space for lease at 500 Cherrington Pkwy, Coraopolis.
      500 Cherrington Pkwy, Coraopolis, PA 15108
      View Details
    • Contact for pricing
      4,686 SF

      Coraopolis Office Building For Lease

      Office building with 4,686 SF available for lease.
      1320 Cherrington Pkwy, Coraopolis, PA 15108
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail, service, and restaurant spaces near Pittsburgh International Airport.
    Where is this shopping center located?
    The property is located at 9898 University Boulevard Coraopolis, PA.
    What are key features of this property?
    This property features: Adjacent to Pittsburgh International Airport; Features a comprehensive mix of retail, service, and restaurant tenants; Ideal location to serve residents, travelers, students, and commuters
    (412) 394-9845
    We can help!
    Listing Contact
    Steven Esposito
    Real Estate License ID: Salesperson
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9898 University Boulevard, Carnot-Moon, PA, 15108
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!