Listing Agency: BALLYMONEY REAL ESTATE SERVICES, INC.

Listed By: Lori Moran Show Phone

Source: Evrealestate

Added: Oct 28 Last Checked: Oct 28 at 4:31PM

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Investment Insights

Based on property information with market context.

This retail space is at the corner of N. Highland and Broad streets in East Liberty. Hotel Indigo stands across the street, and a plaza is adjacent to the property. Restaurants, offices, and residences are also in the surrounding area.

Key Highlights

• Corner location at N. Highland and Broad streets
• Hotel Indigo across the street
• Adjacent to a plaza

Property Analytics

Current Use

Chelsea Rae Salon Hair Salon

Suggested Use

Top Pick Law Firm HVAC Service Accounting Firm Kitchen & Bath Showroom Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,876

Businesses Nearby

Explore this area Business Placement

Demographics for 15206, PA

28,774

Population

17,004

Households

1.7

Avg Household Size

36

Median Age

59%

College-Educated

96%

High-School Grad

4.8 sq mi

ZIP Area

5,995

Density / Sq Mi

$69,906

Median Household Income

$49,009

Median Earnings

$1,284

Median Rent

$288,300

Median Home Value

Market

Lease Benchmarks for East Liberty, PA

$19.04 /SF/Yr

Avg Asking Price

$12–$36.31 /SF/Yr

Price Range

7,998 SF

Avg Space Size

This space is priced 5% above the average of $19.04 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Retail space - Retail space occupies a corner across from Hotel Indigo, with a plaza next door.

Where is this retail space located?

The property is located at 5971 to 5979 Broad Street East Liberty, PA.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Corner location at N. Highland and Broad streets; Hotel Indigo across the street; Adjacent to a plaza