Redeveloped Retail Plaza For
4112 Brownsville Rd, South Park, PA 15129
For Sale
Contact for pricing
15,018 SF retail plaza redeveloped in 2008.
Property Size15,018 SF
Price / SF$199.76
Days on Market279
Property Features for 4112 Brownsville Rd
General Information
Standard status
Size
Property subtype
Building Details
Year Renovated
Units
Listing Agency:
NAI Burns Scalo
Listed By:
Andreas Kamouyerou · License PA RS340004
(724) 825-0888
Source:
Crexi
Added: Feb 7
Changed: Nov 8
Last Checked: Nov 12 at 5:20AM
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 NAI Burns Scalo
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Champion Plaza is a 15,018 square foot retail plaza located on Brownsville Road in South Park, Pennsylvania. The property, redeveloped in 2008, features a tenant mix with a total of 8 units. Situated on a hard corner next to the light rail transit trolley terminal, the property benefits from high visibility and traffic. The surrounding area offers strong demographics and excellent neighborhoods.
Key Highlights
- High visibility location on a busy corner
- Located next to a light rail transit trolley terminal
- Strong tenant mix with 8 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,035
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,500,700
$3.5M
Cap Rate 7%
$2,500,500
$2.5M
Cap Rate 9%
$1,944,833
$1.9M
Market Conditions
NOI Build-Up for 15,018 SF
Gross rent
$270.3K $18.00/SF
− Vacancy
−$20.3K −$1.35/SF
EGI
$250.0K $16.65/SF
− OpEx
−$75.0K −$5.00/SF
NOI
$175.0K $11.66/SF
Area
Allegheny County, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,500,700
Cap Rate 7%
$2,500,500
Cap Rate 9%
$1,944,833
Alternative Uses
Best Use
Retail
$2.50M
$2.19M – $2.92M
NOI $175,035 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.83M
$3.35M – $4.46M
NOI $267,772 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
344
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Hot Shotz
Dining
344 visits/mo
0.1 miles
Demographics for 15129, PA
10,901
Population
4,759
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
1,416
Density / Sq Mi
$90,833
Median Household Income
$53,465
Median Earnings
$1,341
Median Rent
$236,900
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 Shopping centers in Allegheny County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Shopping center - 15,018 SF retail plaza redeveloped in 2008.
Where is this shopping center located?
The property is located at 4112 Brownsville Rd South Park, PA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High visibility location on a busy corner; Located next to a light rail transit trolley terminal; Strong tenant mix with 8 units
