Shopping Center on Washington
For Sale
Contact for pricing
1825 Washington Road, Washington, PA 15301
Shopping center for sale on Washington Road, Washington, PA.
Property Size6,000 SF
Price / SF$165.83
Days on Market227
Property Features for 1825 Washington Road
General Information
Standard status
Active
Size
6,000 SF
Total Parking Spaces
55
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
1958
Stories
1
Tenancy
Multi
Listing Agency:
Newmark
Listed By:
Martin Perry · License #RS296875
(412) 434-1031
Source:
Crexi
Added: Mar 17
Changed: Oct 25
Last Checked: Oct 28 at 8:48AM
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 Newmark
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A shopping center located on Washington Road in Washington, Pennsylvania, is available for sale. The property encompasses a total area of 6,000 square feet.
Key Highlights
- FOR SALE: Shopping Center
- Location: Washington Road
- Property Type: Commercial, Use: Shopping Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,480
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,600
$1.2M
Cap Rate 7%
$864,000
$864.0K
Cap Rate 9%
$672,000
$672.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$90.0K $15.00/SF
− Vacancy
−$3.6K −$0.60/SF
EGI
$86.4K $14.40/SF
− OpEx
−$25.9K −$4.32/SF
NOI
$60.5K $10.08/SF
Area
Washington County, PA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,600
Cap Rate 7%
$864,000
Cap Rate 9%
$672,000
Alternative Uses
Best Use
Retail
$864.0K
$756.0K – $1.01M
NOI $60,480 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,416 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15301, PA
48,963
Population
24,001
Households
2
Avg Household Size
45
Median Age
27%
College-Educated
92%
High-School Grad
122.0 sq mi
ZIP Area
401
Density / Sq Mi
$69,275
Median Household Income
$43,546
Median Earnings
$927
Median Rent
$205,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center for sale on Washington Road, Washington, PA.
Where is this shopping center located?
The property is located at 1825 Washington Road Washington, PA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: FOR SALE: Shopping Center; Location: Washington Road; Property Type: Commercial, Use: Shopping Center
