Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 Hickory Grade Rd Bridgeville, PA 15017

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    49,000 SF restaurant and entertainment destination off I-79.

    We can help!

    Listing Contact
    Joe Sheerer
    Joe Sheerer
    Source: Naiglobal

    Listing Agent: Joe Sheerer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Restaurant and Entertainment Destination

    The Piazza is a 49,000 square-foot restaurant and entertainment destination situated directly off I-79. This new development provides residents and visitors relaxing green spaces and water features that gracefully transition to the surrounding neighborhood. The property has excellent visibility and is located off the Bridgeville Exit of I-79 at PA-50. It is positioned as the South Hills' newest suburban specialty strip center and is exposed to more than 110,000 cars daily. The location is less than 5 minutes to I-79 and PA-50, 20 minutes to Pittsburgh International Airport, 15 minutes to Downtown Pittsburgh, and 10 minutes to Southpointe Business Park.
    Location Intelligence

    Current Use by Public Records

    The Piazza in South Fayette Corporate Office

    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

    Bridgeville Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.12264
    Latitude
    40.356655

    Nearby Similar for Lease

    • $1,095,000
      56,628 SF

      Bridgeville Office Warehouse/Flex Space

      6,000 SF temperature-controlled building on 1.3 AC parcel.
      3191 Washington Pike, Bridgeville, PA 15017
      View Details
    • $825 /Mo

      Bridgeville Office with Garage Access

      500 SF office with garage, utilities included, convenient location.
      400 Commercial St, Bridgeville, PA 15017
      View Details
    • $5,320 /Mo
      6,251 SF

      Turnkey Restaurant Opportunity in Bridgeville

      Fully equipped restaurant for lease in a high-traffic area.
      500 Washington Ave, Bridgeville, PA 15017
      View Details
    • Sponsored
      Contact for pricing

      PA, Bridgeville - Abele Rd

      Discover many ways to work your way in Downtown
      44 Abele Rd Beacon 1, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      49,000 SF

      Restaurant and Entertainment Destination

      49,000 SF restaurant and entertainment destination located off I-79.
      100 Hickory Grade Rd, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      80,000 SF

      Class A Office Building

      Solar-powered, Class A office building with high-end suites and views.
      44 Abele Rd, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      1,506 SF

      Retail Space in High-Traffic Center

      Retail space available in a busy shopping center.
      1597 Washington Pike, Bridgeville, PA 15017
      View Details
    • $10 SF/Yr
      8,694 SF

      Bridgeville Office Space For Rent

      Office space in Bridgeville with ample parking and tenant allowance.
      1273 Washington Pike, Bridgeville, PA 15017
      View Details
    • Contact for pricing
      168,600 SF

      Versatile Industrial Space with Ample Parking

      Industrial property with fenced area, docks, and extensive parking.
      540 Mayer St, Bridgeville, PA 15017
      View Details
    • Contact for pricing

      Class A Office Building

      Solar-powered office building with high-end suites and views.
      44 Abele Rd, Bridgeville, PA 15017
      View Details
    • Contact for pricing

      Luxury Office Building with Amenities

      Class A office building featuring fitness center and event space.
      44 Abele Rd, Bridgeville, PA 15017
      View Details
    • Contact for pricing

      Class A Office Building

      Solar-powered, Class A office building with high-end suites and views.
      44 Abele Rd, Bridgeville, PA 15017
      View Details

    FAQs

    What type of property is this?
    Shopping center - 49,000 SF restaurant and entertainment destination off I-79.
    Where is this shopping center located?
    The property is located at 100 Hickory Grade Rd Bridgeville, PA.
    What are key features of this property?
    This property features: - High Visibility Location: Situated directly off I-79 at the Bridgeville exit (PA-50).; - High Traffic Exposure: Exposed to more than 110,000 cars daily.; - New Development: South Hills' newest suburban specialty strip center.
    (412) 925-8356
    Request Owner's contact information
    100 Hickory Grade Rd Bridgeville, PA 15017
    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.
    100 Hickory Grade Rd
    Bridgeville, PA 15017
    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
    100 Hickory Grade Rd Bridgeville, PA 15017
    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

    We can help!
    Listing Contact
    Joe Sheerer
    Joe Sheerer
    (412) 925-8356 (412) 250-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!