New Construction Retail
200 Greensburg Road New Kensington, PA 15068
200 Greensburg Road, New Kensington, PA, 15068
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For Sale
Contact for pricing
Newly constructed retail storefront supported by a strong residential draw within a 5-mile radius.
Property Size21,930 SF
Price / SF$296.21
Days on Market51
Property Features for 200 Greensburg Road
General Information
- Standard status
- Active
- Size
- 21,930 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
Matthews
Listed by
Eddie DeSimone · License #10410386411
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:50PM Checked: Jul 22 at 5:51AM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail storefront is identified as new construction and is sized at 21,930 square feet. Built with a retail-oriented configuration, the asset is presented as a storefront property suitable for tenants seeking a dedicated street-level sales format.
Located at 200 Greensburg Road in New Kensington, Pennsylvania (15068), the property is positioned to serve local demand, with approximately 144,500 residents reported within a 5-mile radius.
For retailers and related service users, a storefront format can support walk-in and drive-by shopping activity while keeping the operation oriented to customer-facing frontage. As a recently constructed retail asset offered for sale, it may be a practical fit for an owner-operator or a party looking to acquire a retail storefront in New Kensington with an established local population base nearby.
Located at 200 Greensburg Road in New Kensington, Pennsylvania (15068), the property is positioned to serve local demand, with approximately 144,500 residents reported within a 5-mile radius.
For retailers and related service users, a storefront format can support walk-in and drive-by shopping activity while keeping the operation oriented to customer-facing frontage. As a recently constructed retail asset offered for sale, it may be a practical fit for an owner-operator or a party looking to acquire a retail storefront in New Kensington with an established local population base nearby.
Key Highlights
- Year built: 2026
- New construction retail storefront
- Served by an estimated 144,500 residents within a 5‑mile radius
Local 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 | $394.7k | $18.00 |
| − Vacancy | −$33.6k | −$1.53 |
| EGI | $361.2k | $16.47 |
| − OpEx | −$108.4k | −$4.94 |
| NOI | $252.8k | $11.53 |
21,930 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.61M
$3.16M – $4.21M
NOI $252,831 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.59M
$4.89M – $6.52M
NOI $391,014 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Newly constructed retail storefront supported by a strong residential draw within a 5-mile radius.
Where is this retail space located?
The property is located at 200 Greensburg Road New Kensington, PA.
What is the asking price?
The asking price for this property is $6,495,884.
What are key features of this property?
This property features: Year built: 2026; New construction retail storefront; Served by an estimated 144,500 residents within a 5‑mile radius
