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Anchored Retail Center with Available Suites
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1952 University Dr, Connellsville, PA 15456

Retail center facing University Drive with Rural King and Dollar Tree, plus available grocery and restaurant space.

Space Size2,000 SF
Days on Market1306

Property Features for 1952 University Dr

General Information

Standard status Active
Size 2,000 SF
Property subtype RETAIL

Spaces For Lease

at 1952 University Dr Contact us

Laurel Plaza

Floor
1
Size
2,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Faces University Drive - Anchored by Rural King (not owned) & Dollar Tree - Land...
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Listing Agency: Gator Investments
Listed By: James Goldsmith
Source: Moodyscre
Added: Feb 14, 2023 Changed: Sep 10 Last Checked: Sep 12 at 3:48AM

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 Gator Investments

Investment Insights

Based on property information with market context.

This anchored retail center faces University Drive and is currently home to Rural King and Dollar Tree. Land is also available, and the listing notes a GLA of approximately +/-56,289 sf, with an additional figure of approximately +/-222,531 sf for the overall center.

The property is located SE of Pittsburgh in Fayette County, with the nearest intersection noted as Route 119 and Riverside Drive. Traffic is listed at 27,000 AADT, and Highland Hospital is identified nearby.

Leasing availability includes a 87,700 SF grocery store and a 7,095 SF restaurant space, offering retailers and operators options of different formats within the same center.

Key Highlights

  • Retail center facing University Drive anchored by Rural King and Dollar Tree (not owned).
  • Total GLA available of +/- 222,531 SF with additional available space.
  • Available grocery store space: 87,700 SF.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Electrical Service Storage Facility Bakery Locksmith (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

122
Businesses Nearby
Well-served
Demand for This Use

Demographics for 15456, PA

2,368
Population
1,163
Households
2
Avg Household Size
48
Median Age
19%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
304
Density / Sq Mi
$46,492
Median Household Income
$36,289
Median Earnings
$673
Median Rent
$110,300
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center facing University Drive with Rural King and Dollar Tree, plus available grocery and restaurant space.
Where is this shopping center located?
The property is located at 1952 University Dr Connellsville, PA.
What are key features of this property?
This property features: Retail center facing University Drive anchored by Rural King and Dollar Tree (not owned).; Total GLA available of +/- 222,531 SF with additional available space.; Available grocery store space: 87,700 SF.
(305) 949-9049 Call to check price and availability
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