NNN Ground Lease Under Retail
For Sale
Contact for pricing
3739 William Penn Hwy, Monroeville, PA 15146
Fee simple land interest is subject to a 99-year ground lease.
Property SizeContact for details
Days on Market143
Property Features for 3739 William Penn Hwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq NYC
Listed By:
John Rotunno · License #NY 10301211565
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 1:32PM
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 Northmarq NYC
Investment Insights
Based on property information with market context.
The offering comprises the fee simple interest in approximately 13.23 acres beneath Holiday Centre, a retail shopping center in Monroeville, Pennsylvania. The land is subject to a 99-year ground lease and carries BLVD zoning for mixed-use development. The shopping center improvements are not included in the sale.
Holiday Centre contains approximately 137,420 SF of retail space and is positioned on William Penn Highway at a signalized intersection with approximately 36,600 VPD. Retail occupants include Ross, PetSmart, Michaels, Skechers, Once Upon a Child, and Leslie’s Pool Supplies. The improvements are 99% occupied, with junior-box and small-box suites ranging from 900 SF to 29,000 SF.
At the end of the ground lease, the improvements revert to the ground owner, who will assume the related income, leases, and obligations associated with the parcel.
Holiday Centre contains approximately 137,420 SF of retail space and is positioned on William Penn Highway at a signalized intersection with approximately 36,600 VPD. Retail occupants include Ross, PetSmart, Michaels, Skechers, Once Upon a Child, and Leslie’s Pool Supplies. The improvements are 99% occupied, with junior-box and small-box suites ranging from 900 SF to 29,000 SF.
At the end of the ground lease, the improvements revert to the ground owner, who will assume the related income, leases, and obligations associated with the parcel.
Key Highlights
- ± 13.23 acres of BLVD‑zoned mixed‑use land
- 99‑year ground lease on the fee simple land interest
- Located at 3739 William Penn Hwy, Monroeville, PA 15146
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,346
Businesses Nearby
268k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 24%
Home Improvements & Furnishings 19%
Apparel 14%
McDonald's
Dining
35,188 visits/mo
0.1 miles
HomeGoods
Home Improvements & Furnishings
23,756 visits/mo
0.2 miles
At Home
Home Improvements & Furnishings
22,234 visits/mo
0.3 miles
Olive Garden
Dining
22,135 visits/mo
0.1 miles
PetSmart
Shops & Services
21,364 visits/mo
0.1 miles
Demographics for 15146, PA
28,672
Population
13,508
Households
2.1
Avg Household Size
46
Median Age
46%
College-Educated
97%
High-School Grad
19.6 sq mi
ZIP Area
1,463
Density / Sq Mi
$78,295
Median Household Income
$48,073
Median Earnings
$1,163
Median Rent
$197,500
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?
NNN property - Fee simple land interest is subject to a 99-year ground lease.
Where is this nnn property located?
The property is located at 3739 William Penn Hwy Monroeville, PA.
What are key features of this property?
This property features: ± 13.23 acres of BLVD‑zoned mixed‑use land; 99‑year ground lease on the fee simple land interest; Located at 3739 William Penn Hwy, Monroeville, PA 15146
