Retail Center with National
For Sale
Contact for pricing
397 Hyde Park, Leechburg, PA 15656
Shopping center offering two available retail units within a 78% occupied collection of national tenants.
Property Size12,225 SF
Days on Market122
Property Features for 397 Hyde Park
General Information
Standard status
Active
Size
12,225 SF
Property subtype
Retail
Occupancy
78%
Additional Details
Cap Rate
12.5%
Traffic Count
13,556 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Columbus
(216) 264-2000
Listed By:
Craig Fuller · License #OH 2008001551
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 10:27AM
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 Marcus & Millichap - Columbus
Investment Insights
Based on property information with market context.
Allegheny Towne Square is a 12,225-square-foot retail center currently 78 percent occupied, with two units available for leasing. The tenant roster includes national brands such as Rent-A-Center, Quest Diagnostics, and Subway. The property also highlights long-standing occupancy, with multiple tenants in place since 2003 and Rent-A-Center leased since 2008.
The center is located in Leechburg, Pennsylvania at 397 Hyde Park, with Pennsylvania State Route 56 drawing 13,556 vehicles each day. The surrounding retail area includes major retailers such as Giant Eagle, Kmart, Peebles, Save A Lot, Family Dollar, Olympia Sports, and Big Lots.
Most current tenants reimburse for full triple net expenses, and all contribute towards a third-party management fee.
The center is located in Leechburg, Pennsylvania at 397 Hyde Park, with Pennsylvania State Route 56 drawing 13,556 vehicles each day. The surrounding retail area includes major retailers such as Giant Eagle, Kmart, Peebles, Save A Lot, Family Dollar, Olympia Sports, and Big Lots.
Most current tenants reimburse for full triple net expenses, and all contribute towards a third-party management fee.
Key Highlights
- 12,225 SF retail center currently 78% occupied with 2 units available for leasing
- National tenants include Rent‑A‑Center, Quest Diagnostics, and Subway
- Most tenants reimburse full triple net expenses and all contribute to a third‑party management fee
Property Analytics
Current Use
Lease Details
13,556 VPD
Traffic count
78%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
150k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 26%
Groceries 24%
Superstores 9%
Giant Eagle Supermarket
Groceries
35,285 visits/mo
0.3 miles
Ollie's Bargain Outlet
Shops & Services
24,729 visits/mo
0.2 miles
McDonald's
Dining
24,101 visits/mo
0.1 miles
Big Lots
Superstores
13,977 visits/mo
0.1 miles
GetGo Gas Station
Shops & Services
12,731 visits/mo
0.4 miles
Demographics for 15656, PA
9,827
Population
4,752
Households
2.1
Avg Household Size
47
Median Age
21%
College-Educated
96%
High-School Grad
31.9 sq mi
ZIP Area
308
Density / Sq Mi
$68,750
Median Household Income
$44,752
Median Earnings
$724
Median Rent
$155,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Hyde Park Plaza — 451 Hyde Park Rd, Leechburg, PA 15656
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center offering two available retail units within a 78% occupied collection of national tenants.
Where is this shopping center located?
The property is located at 397 Hyde Park Leechburg, PA.
What are key features of this property?
This property features: 12,225 SF retail center currently 78% occupied with 2 units available for leasing; National tenants include Rent‑A‑Center, Quest Diagnostics, and Subway; Most tenants reimburse full triple net expenses and all contribute to a third‑party management fee
