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 Market136
Property Features for 1825 Washington Road
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail
Building Details
Year Built
1958
Listing Agency:
Newmark
Listed By:
Martin Perry · License #RS296875
Source:
Crexi
Added: Mar 17
Changed: Jul 10
Last Checked: Jul 30 at 4:00AM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.0k | $15.00 |
| − Vacancy | −$3.6k | −$0.60 |
| EGI | $86.4k | $14.40 |
| − OpEx | −$25.9k | −$4.32 |
| NOI | $60.5k | $10.08 |
6,000 SF · lease $15.00/SF/yr · vacancy 4.00% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,753
Businesses Nearby
53k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 88%
Home Improvements & Furnishings 12%
Whole Foods Market
Groceries
46,447 visits/mo
0.1 miles
Ashley
Home Improvements & Furnishings
6,191 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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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
