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    5070 William Penn Hwy Monroeville, PA 15146

    For Lease
    Contact for pricing

    High-traffic retail space, flexible lease options.

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 5070 William Penn Highway in Monroeville, Pennsylvania, offers 25,000 square feet of prime retail space. Currently configured as a single suite, the property is highly adaptable and can be subdivided to accommodate tenants requiring a minimum of 10,000 square feet, with a maximum contiguous space of 25,000 square feet available. The property boasts a highly desirable location with excellent visibility and accessibility, situated directly off Route 22 at a signalized intersection, ensuring high traffic counts and significant exposure to potential customers. Benefit from the established presence of co-tenants such as Michaels and Pool City, creating a synergistic retail environment. This location in Allegheny County, zip code 15146, presents a unique opportunity for businesses seeking a prominent retail presence in a thriving community. The property's size and flexibility make it ideal for a variety of retail uses, offering a significant advantage in attracting a diverse customer base. This is a rare opportunity to secure a substantial retail space in a high-demand location. Contact us today to learn more about leasing options and explore the potential of this exceptional property.

    Property Features for 5070 William Penn Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF

    Unit(s) available at that property

    Space
    5070 William Penn Hwy
    Size
    40,000 SF

    HighLights

    • Tenant restrictions apply; contact broker for details.
    • Partial sublease of Michaels space available.
    • Highly competitive lease rates offered in lieu of tenant improvements.
    • 25,000 square feet available for lease.
    • Divisible to 10,000 square feet.
    • Strong co‑tenancy with Michaels and Pool City.
    Property Profile Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Shipping And Mailing Service Michaels Craft Store Michaels Custom Framing Picture Frame Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroeville
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7079972
    Latitude
    40.4269522

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, flexible lease options.
    Where is this retail property located?
    The property is located at 5070 William Penn Hwy Monroeville, PA.
    What are key features of this property?
    This property features: Tenant restrictions apply; contact broker for details.; Partial sublease of Michaels space available.; Highly competitive lease rates offered in lieu of tenant improvements.
    Request Owner's contact information
    5070 William Penn Hwy Monroeville, PA 15146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5070 William Penn Hwy Monroeville, PA 15146
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