Multi-Tenant Shopping
New
For Sale
$7,350,000
900 Commonwealth Drive, Cranberry Township, PA 16066
Fully occupied center with five tenants, NNN leases, prominent frontage, and multiple ingress and egress points.
Property Size19,136 SF
Lot Size3.65 Acres
Price / SF$384.09
Days on Market1
Property Features for 900 Commonwealth Drive
General Information
Standard status
Active
Size
19,136 SF
Lot size
3.65 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Anchor Co-Tenants
Valor Healthcare
Traffic Count
26,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
19,136 SF
Year Built
2007
Tenancy
Multi
Listed By:
Jacob Machel
(724) 288-6588
Source:
Naiburnsscalo
Added: Sep 20
Last Checked: Sep 20 at 2:47PM
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 Jacob Machel
Investment Insights
Based on property information with market context.
Built in 2007, this 19,136-square-foot shopping center occupies 3.645 acres at 900 Commonwealth Drive. The property is fully occupied by five tenants and operates under a triple-net lease structure, with a 5.08-year weighted average lease term. Site improvements include ample parking, efficient circulation, prominent frontage, and multiple access points. Tenant Valor Healthcare occupies more than 43% of the gross leasable area and has extended its lease for five years with 3.5% annual rent increases.
The center records exposure to approximately 26,000 combined vehicles per day and is located less than one mile from Walmart Supercenter, Giant Eagle, and the Interstate 79/76 interchange. The property is positioned within Cranberry Township’s retail corridor and is surrounded by residential development, national retailers, and an expanding employment base.
The center records exposure to approximately 26,000 combined vehicles per day and is located less than one mile from Walmart Supercenter, Giant Eagle, and the Interstate 79/76 interchange. The property is positioned within Cranberry Township’s retail corridor and is surrounded by residential development, national retailers, and an expanding employment base.
Key Highlights
- 19,136‑square‑foot retail center on 3.645 acres
- 100% occupied by five established tenants
- 5.08‑year weighted average lease term with NNN lease structure
Property Analytics
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Open Analytics
Current Use
Lease Details
26,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
43k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 64%
Apparel 34%
Home Improvements & Furnishings 2%
Shop 'n Save
Groceries
27,830 visits/mo
0.5 miles
Goodwill
Apparel
14,603 visits/mo
0.2 miles
Ferguson
Home Improvements & Furnishings
733 visits/mo
0.3 miles
Demographics for 16066, PA
32,922
Population
14,359
Households
2.3
Avg Household Size
39
Median Age
65%
College-Educated
98%
High-School Grad
22.4 sq mi
ZIP Area
1,470
Density / Sq Mi
$125,390
Median Household Income
$71,940
Median Earnings
$1,619
Median Rent
$395,900
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied center with five tenants, NNN leases, prominent frontage, and multiple ingress and egress points.
Where is this shopping center located?
The property is located at 900 Commonwealth Drive Cranberry Township, PA.
What is the asking price?
The asking price for this property is $7,350,000.
What are key features of this property?
This property features: 19,136‑square‑foot retail center on 3.645 acres; 100% occupied by five established tenants; 5.08‑year weighted average lease term with NNN lease structure
