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Laurel Mall Shopping Center
For Sale
Contact for pricing
Pending

1952 University Dr, Connellsville, PA 15456

Established retail center featuring a large-format unit and a mix of retail and service tenants.

Property Size200,000 SF
Days on Market142

Property Features for 1952 University Dr

General Information

Standard status Pending
Size 200,000 SF
Property subtype Retail

Site & Location

Anchor Co-Tenants The Dollar Tree, Rural King, Key Bank
Traffic Count 20,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Cohen Investments Realty Inc
Listed By: Richard Cohen · License #FL
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:52PM

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 Cohen Investments Realty Inc

Investment Insights

Based on property information with market context.

Laurel Mall is a shopping center at 1952 University Dr in Connellsville, Pennsylvania, with approximately 200,000 square feet of retail space. The property includes an 87,000-square-foot Big Box unit and a tenant mix that includes Dollar Tree, Rural King, and Key Bank.

The center is situated opposite the Joseph A. Hardy Connellsville Airport and between Uniontown and Connellsville. The property information cites more than 20,000 daily commuters in the surrounding area. Laurel Mall was formerly owned by golfer Arnold Palmer and is located near Fallingwater, providing additional regional context for the site.

Key Highlights

  • Approximately 200,000 square feet of retail space
  • 87,000‑square‑foot Big Box unit
  • Existing tenants include Dollar Tree, Rural King, and Key Bank

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Bakery Locksmith 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

20,000 VPD
Traffic count
Multi-tenant
Tenancy

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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Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center featuring a large-format unit and a mix of retail and service tenants.
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: Approximately 200,000 square feet of retail space; 87,000‑square‑foot Big Box unit; Existing tenants include Dollar Tree, Rural King, and Key Bank
More about this property
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