Spaces For Lease

at 1952 University Dr

Laurel Plaza AVAILABLE, Now

Floor 1

Size 456 SF

Type RETAIL

Rate Contact for pricing

Sublease No

- Retail, Indoors - Anchored by Rural King (not owned) & Dollar Tree - Land available - GLA of +/-56,289 sf - Located SE of Pittsburgh - Nearest intersection: Route 119 & Riverside Drive - Fayette county - Traffic count: 27,000 AADT - Highland Hospital - 87,700 SF Grocery Store Available - 7,095 SF Restaurant Available - GLA +/- 222,531

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Listing Agency: Gator Investments Show Phone

Listed By: James Goldsmith

Source: Moodyscre

Added: Feb 14, 2023 Changed: Oct 25 Last Checked: Oct 28 at 5:38AM

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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

Who owns this building? See the owner, sales and loan history

Open 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

Explore this area Business Placement

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

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