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Anchored Retail Center with Restaurant Space
For Lease
Contact for pricing

1952 University Dr, Connellsville, PA 15456

Shopping center anchored by Rural King and Dollar Tree, with space available for grocery and restaurant use.

Space Size456 SF
Days on Market1306

Property Features for 1952 University Dr

General Information

Standard status Active
Size 456 SF
Property subtype RETAIL

Additional Details

Traffic Count 27,000 vehicles/day

Spaces For Lease

at 1952 University Dr Contact us

Laurel Plaza

Floor
1
Size
456 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Retail, Indoors - Anchored by Rural King (not owned) & Dollar Tree - Land available -...
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Listing Agency: Gator Investments
Listed By: James Goldsmith
Source: Moodyscre
Added: Feb 14, 2023 Changed: Aug 14 Last Checked: Sep 12 at 8:24AM

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 offers indoor retail space for lease, with land available and a total GLA of approximately 222,531 square feet. Tenants can consider two current availability options: a 87,700-square-foot grocery store space and a 7,095-square-foot restaurant space.

The property is located SE of Pittsburgh in Fayette County, near Route 119 and Riverside Drive, and reports traffic of 27,000 AADT. Highland Hospital is listed in the surrounding area.

Additional information provided indicates an aggregate retail GLA of approximately 56,289 square feet tied to the shopping center component, supporting a mixed retail environment anchored by Rural King and Dollar Tree (not owned).

Key Highlights

  • Shopping center anchored by Rural King (not owned) and Dollar Tree
  • Total GLA of +/- 222,531 SF with additional land available
  • Grocery store space available: 87,700 SF

Property Analytics

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

27,000 VPD
Traffic count
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

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center anchored by Rural King and Dollar Tree, with space available for grocery and restaurant use.
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: Shopping center anchored by Rural King (not owned) and Dollar Tree; Total GLA of +/- 222,531 SF with additional land available; Grocery store space available: 87,700 SF
(305) 949-9049 Call to check price and availability
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