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Retail Space in Mars, PA

215 Scharberry Lane, Mars, PA 16046

For Lease
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Located in a major retail corridor with high accessibility.

Space Size5,877 SF
Days on Market825

Property Features for 215 Scharberry Lane

General Information

Standard status Active
Size 5,877 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 215 Scharberry Lane
215 Scharberry Ln $33/SF/Yr
Floor Bldg
Size 5,877 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- This property is located on PA Route 228 in Mars, PA. It is situated in a major retail corridor with access from 228. A variety of retail amenities are located in close proximity. A variety of residential developments are close by as well as office buildings. The property is about 3 miles to route 19 in Cranberry and is approximately 3 miles from the on ramp to I 79. Access PA turnpike is a little more than 3 miles away. Route 8 is approximately 5 miles to the east.
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Listing Agency: Avison Young | Pittsburgh
Listed By: Robert Delmonico
Source: Moodyscre
Added: Aug 8, 2024 Changed: Nov 8 Last Checked: Nov 10 at 11:36AM

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 Avison Young | Pittsburgh

Rey
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Investment Insights

Based on property information with market context.

This property, situated on PA Route 228 in Mars, PA, is located within a major retail corridor with direct access from Route 228. The property's location provides close proximity to various retail amenities, residential developments, and office buildings. It is approximately 3 miles from Route 19 in Cranberry and about 3 miles from the on-ramp to I-79. Access to the PA Turnpike is a little more than 3 miles away, and Route 8 is approximately 5 miles to the east. The property offers 5877 square feet of retail space and is available for lease at $33 per square foot.

Key Highlights

  • Located on PA Route 228 in a major retail corridor.
  • Easy access to Route 19 in Cranberry and I‑79 (approximately 3 miles).
  • Proximity to the PA Turnpike (a little more than 3 miles).

Property Analytics

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

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Law Firm Building Supply Restaurant

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
$4.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
First Commonwealth Bank Shops & Services
1,487 visits/mo 0.1 miles

Demographics for 16046, PA

19,257
Population
7,430
Households
2.6
Avg Household Size
40
Median Age
68%
College-Educated
99%
High-School Grad
22.8 sq mi
ZIP Area
845
Density / Sq Mi
$143,987
Median Household Income
$74,861
Median Earnings
$1,713
Median Rent
$481,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Retail properties & Spaces in Butler County

Jul
Aug
Sep
Oct

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?
Retail property - Located in a major retail corridor with high accessibility.
Where is this retail property located?
The property is located at 215 Scharberry Lane Mars, PA.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: Located on PA Route 228 in a major retail corridor.; Easy access to Route 19 in Cranberry and I‑79 (approximately 3 miles).; Proximity to the PA Turnpike (a little more than 3 miles).
(412) 680-9867 Call to check price and availability
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