Fully Leased Retail
1191-1197 Jacks Run Rd, North Versailles, PA 15137
For Sale
Contact for pricing
The center includes a pylon sign and free on-site parking.
Property Size18,168 SF
Lot Size5.00 Acres
Price / SF$162.65
Days on Market15
Property Features for 1191-1197 Jacks Run Rd
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Financials
Asking Price
Cap Rate
Opportunity Zone
Site & Location
Pylon Signage
Highway Access
Additional Details
Tenant in Place
Amenities
free parking
Building Details
Year Built
Buildings
Stories
Listing Agency:
Prudential Realty Company
Listed By:
David Hanley · License PA RM421195
(412) 860-2262
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 12 at 7:53AM
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 Prudential Realty Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story shopping center contains 18,168 square feet and was built in 2005. The property is fully leased and occupies a 5.00-acre site. A pylon sign and free parking serve the center, which is designated within an Opportunity Zone.
The property is near the Pennsylvania Turnpike, Route 376 and Route 30, with a proposed townhouse development next door. The center is located on Jacks Run Road in North Versailles, Pennsylvania. Its reported capitalization rate is 7%.
The property is near the Pennsylvania Turnpike, Route 376 and Route 30, with a proposed townhouse development next door. The center is located on Jacks Run Road in North Versailles, Pennsylvania. Its reported capitalization rate is 7%.
Key Highlights
- 18,168 SF single‑story retail center, built in 2005
- Fully leased; reported 7% cap rate
- 5.00 AC site in an Opportunity Zone
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,748
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,234,960
$4.2M
Cap Rate 7%
$3,024,971
$3.0M
Cap Rate 9%
$2,352,756
$2.4M
Market Conditions
NOI Build-Up for 18,168 SF
Gross rent
$327.0K $18.00/SF
− Vacancy
−$24.5K −$1.35/SF
EGI
$302.5K $16.65/SF
− OpEx
−$90.7K −$5.00/SF
NOI
$211.7K $11.66/SF
Area
Allegheny County, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,234,960
Cap Rate 7%
$3,024,971
Cap Rate 9%
$2,352,756
Alternative Uses
Best Use
Retail
$3.02M
$2.65M – $3.53M
NOI $211,748 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.63M
$4.05M – $5.40M
NOI $323,937 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
119k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 35%
Shops & Services 31%
Dining 18%
Groceries 16%
GetGo Gas Station
Shops & Services
34,187 visits/mo
0.0 miles
The Home Depot
Home Improvements & Furnishings
27,539 visits/mo
0.2 miles
Aldi
Groceries
18,955 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
12,962 visits/mo
0.3 miles
Charley's Philly Steaks
Dining
8,119 visits/mo
0.1 miles
Demographics for 15137, PA
9,939
Population
5,336
Households
1.9
Avg Household Size
47
Median Age
22%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
1,258
Density / Sq Mi
$51,766
Median Household Income
$40,051
Median Earnings
$869
Median Rent
$115,300
Median Home Value
Market
Properties on Market for Shopping centers in Allegheny County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Giant Eagle, 1700 Lincoln Hwy, North Versailles, PA 15137
Frequently Asked Questions
What type of property is this?
Shopping center - The center includes a pylon sign and free on-site parking.
Where is this shopping center located?
The property is located at 1191-1197 Jacks Run Rd North Versailles, PA.
What is the asking price?
The asking price for this property is $2,955,000.
What are key features of this property?
This property features: 18,168 SF single‑story retail center, built in 2005; Fully leased; reported 7% cap rate; 5.00 AC site in an Opportunity Zone
