ALDI-Anchored Neighborhood Shopping
For Sale
Contact for pricing
5239 Brownsville Road, Pittsburgh, PA 15236
Retail center with dual access, pylon signage, and frontage along Brownsville Road.
Property Size33,895 SF
Lot Size3.67 Acres
Price / SF$141.47
Days on Market8
Property Features for 5239 Brownsville Road
General Information
Standard status
Active
Size
33,895 SF
Total Parking Spaces
210
Lot size
3.67 Acres
Property subtype
Retail
Site & Location
Pylon Signage
Yes
Anchor Co-Tenants
ALDI
Traffic Count
11,500 vehicles/day
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
NAI Burns Scalo
Listed By:
Andreas Kamouyerou · License #PA RS340004
(724) 825-0888
Source:
Crexi
Added: Sep 11
Changed: Sep 18
Last Checked: Sep 18 at 7:17AM
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
Investment Insights
Based on property information with market context.
Brownsville Plaza is an ALDI-anchored neighborhood shopping center spanning 33,895 square feet on approximately 3.67 acres. The property includes 210 parking spaces, two ingress and egress points, and a pylon sign positioned along Brownsville Road. Additional retail frontage extends to Knoedler Road.
Located at 5239–5255 Brownsville Road in Baldwin, PA, the center sits just off Route 51 within the South Hills trade area. More than 11,500 vehicles per day pass the property, which is served by a public bus line and surrounded by residential neighborhoods. These access and visibility features support convenient customer circulation and daily retail activity.
Located at 5239–5255 Brownsville Road in Baldwin, PA, the center sits just off Route 51 within the South Hills trade area. More than 11,500 vehicles per day pass the property, which is served by a public bus line and surrounded by residential neighborhoods. These access and visibility features support convenient customer circulation and daily retail activity.
Key Highlights
- ALDI‑anchored neighborhood shopping center
- 33,895‑square‑foot retail center on approximately 3.67 acres
- 210 parking spaces with dual points of ingress and egress
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
$397,182
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
8.28%
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%
$7,943,640
$7.9M
Cap Rate 7%
$5,674,029
$5.7M
Cap Rate 9%
$4,413,133
$4.4M
Market Conditions
NOI Build-Up for 33,895 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
$610.1K $18.00/SF
− Vacancy
−$42.7K −$1.26/SF
EGI
$567.4K $16.74/SF
− OpEx
−$170.2K −$5.02/SF
NOI
$397.2K $11.72/SF
Area
ZIP 15236
Vacancy
7.00%
Lease Rate
$18.00 /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%
$7,943,640
Cap Rate 7%
$5,674,029
Cap Rate 9%
$4,413,133
Alternative Uses
Best Use
Specialty Retail
$6.55M
$5.74M – $7.65M
NOI $458,803 @ 7.0% cap · market cap 9.57%
Second Best
Retail
$5.67M
$4.96M – $6.62M
NOI $397,182 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$8.63M
$7.55M – $10.07M
NOI $604,351 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
11,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15236, PA
31,594
Population
14,066
Households
2.2
Avg Household Size
44
Median Age
38%
College-Educated
93%
High-School Grad
10.7 sq mi
ZIP Area
2,953
Density / Sq Mi
$87,016
Median Household Income
$52,285
Median Earnings
$1,087
Median Rent
$224,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Pittsburgh, PA
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Similar Off Market Nearby
- Curry Hollow Center — 330 Curry Hollow Rd, Pittsburgh, PA 15236
- Brownsville Plaza — 5239 Brownsville Rd, Pittsburgh, PA 15236
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with dual access, pylon signage, and frontage along Brownsville Road.
Where is this shopping center located?
The property is located at 5239 Brownsville Road Pittsburgh, PA.
What is the asking price?
The asking price for this property is $4,795,000.
What are key features of this property?
This property features: ALDI‑anchored neighborhood shopping center; 33,895‑square‑foot retail center on approximately 3.67 acres; 210 parking spaces with dual points of ingress and egress
