Spaces For Lease

at 1952 University Dr

Laurel Plaza AVAILABLE, Now

Floor 1

Size 2,000 SF

Type RETAIL

Rate Contact for pricing

Sublease No

- Faces University Drive - 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 26 Last Checked: Oct 26 at 5:54PM

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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

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

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 - 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.