ALDI-Anchored Neighborhood Shopping
For Sale
$4,795,000
5239 Brownsville Rd # 5255, Pittsburgh, PA 15236
Established retail center with multiple access points, substantial customer parking, and a prominent roadside pylon sign.
Property Size33,895 SF
Days on Market50
Property Features for 5239 Brownsville Rd # 5255
General Information
Standard status
Active
Size
33,895 SF
Property subtype
Retail
Building Details
Building Size
33,895 SF
Year Built
1953
Listing Agency:
NAI Burns Scalo
Listed By:
Andreas Kamouyerou · License #RS340004
(724) 825-0888
Source:
Naiglobal
Added: Sep 16
Last Checked: Nov 3 at 5:07AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Brownsville Plaza is a 33,895-square-foot neighborhood shopping center anchored by ALDI. The retail center occupies approximately 3.67 acres and includes 210 parking spaces, dual ingress and egress points, and a pylon sign positioned along Brownsville Road. Built in 1953, the property includes a mix of national, regional, and local retail tenants.
The center is located at 5239–5255 Brownsville Road in Baldwin, Pennsylvania, with additional frontage on Knoedler Road. More than 300 feet of frontage along Brownsville Road provides exposure to traffic reported at more than 11,500 vehicles per day. The property is just off Route 51, served by a public bus line, and accessible from multiple signalized intersections. Surrounding residential neighborhoods and the South Hills trade area support the center’s retail setting.
The center is located at 5239–5255 Brownsville Road in Baldwin, Pennsylvania, with additional frontage on Knoedler Road. More than 300 feet of frontage along Brownsville Road provides exposure to traffic reported at more than 11,500 vehicles per day. The property is just off Route 51, served by a public bus line, and accessible from multiple signalized intersections. Surrounding residential neighborhoods and the South Hills trade area support the center’s retail setting.
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 / Yr
$397,182
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
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
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 Rate 5%
$7,943,640
Cap Rate 7%
$5,674,029
Cap Rate 9%
$4,413,133
Alternative Uses
Best Use
Retail
$5.67M
$4.96M – $6.62M
NOI $397,182 @ 7.0% cap · market cap 8.28%
Second Best
—
—
no second resolved use
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.
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
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Pittsburgh, PA
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 - Established retail center with multiple access points, substantial customer parking, and a prominent roadside pylon sign.
Where is this shopping center located?
The property is located at 5239 Brownsville Rd # 5255 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
