Hermitage Retail Space For
For Sale
Contact for pricing
Pending
3100 Shenango Valley Fwy, Hermitage, PA 16148
Retail space available in Hermitage, Pennsylvania.
Property Size4,990 SF
Days on Market149
Property Features for 3100 Shenango Valley Fwy
General Information
Standard status
Pending
Size
4,990 SF
Property subtype
Retail
Investment Type
Net Lease
Listing Agency:
CBRE - Orange County
(949) 725-8463
Listed By:
Ian Schroeder · License #CA 01497897
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Jul 25 at 1:28PM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
A retail space is available for sale. The property encompasses 4,990 square feet and is located on Shenango Valley Freeway in Hermitage, Pennsylvania.
Key Highlights
- This request contains no property information to analyze and extract selling points from.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,876
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,177,520
$1.2M
Cap Rate 7%
$841,086
$841.1K
Cap Rate 9%
$654,178
$654.2K
Market Conditions
NOI Build-Up for 4,990 SF
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.
Gross rent
$94.6K $18.96/SF
− Vacancy
−$10.5K −$2.10/SF
EGI
$84.1K $16.86/SF
− OpEx
−$25.2K −$5.06/SF
NOI
$58.9K $11.80/SF
Area
Mercer County, PA
Vacancy
11.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,177,520
Cap Rate 7%
$841,086
Cap Rate 9%
$654,178
Alternative Uses
Best Use
Retail
$841.1K
$736.0K – $981.3K
NOI $58,876 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,094 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
407k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 20%
Apparel 9%
Home Improvements & Furnishings 9%
Hobby Lobby
Shops & Services
32,457 visits/mo
0.2 miles
Kohl's
Apparel
27,471 visits/mo
0.3 miles
Aldi
Groceries
26,661 visits/mo
0.4 miles
McDonald's
Dining
26,223 visits/mo
0.4 miles
Starbucks
Dining
24,727 visits/mo
0.1 miles
Demographics for 16148, PA
16,673
Population
8,182
Households
2
Avg Household Size
50
Median Age
35%
College-Educated
92%
High-School Grad
31.5 sq mi
ZIP Area
529
Density / Sq Mi
$72,680
Median Household Income
$49,494
Median Earnings
$868
Median Rent
$186,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in Hermitage, Pennsylvania.
Where is this retail space located?
The property is located at 3100 Shenango Valley Fwy Hermitage, PA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: This request contains no property information to analyze and extract selling points from.
