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    111 Madison St Rochester, PA 15074

    Sponsored
    For Lease
    $6 SF/Yr

    Grocery-anchored retail space available

    Lot size:
    184,082 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Madison Square Shopping Center, located at 111 W Madison St, Rochester, PA 15074, presents a significant retail opportunity. This 184,082 square foot, grocery-anchored shopping center is strategically positioned in the Rochester/Beaver, PA trade area, a mere 35-minute drive from downtown Pittsburgh. The center boasts a strong tenant mix including a high-performing Giant Eagle Supermarket, Dollar General, Valor Healthcare, North Way Christian Community, Nova Care Rehabilitation, and Sewickley Pediatric and Adolescent Medicine. Currently, there is one available space totaling 28,316 square feet, ideally suited for a big box or junior box retailer seeking to establish a dominant market presence. This former K-mart space offers exceptional visibility and accessibility within a thriving retail environment. Beaver County is experiencing remarkable growth fueled by the new $1.65 billion Shell Global petrochemical plant along the Ohio River, scheduled to open in 2022. This landmark project, the largest of its kind in Pennsylvania, is projected to significantly boost the area's economic expansion across all sectors, making this retail space a particularly attractive investment. The property's prime location and the region's robust growth trajectory create an exceptional opportunity for long-term success.

    Property Features for 111 Madison St

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    184,082 SF
    Total Rate
    92041

    Unit(s) available at that property

    Space
    3
    Size
    28,316 SF
    Rate per SF
    $8

    HighLights

    • 184,082 SF grocery‑anchored shopping center in Rochester, PA.
    • Strong tenant mix including Giant Eagle, Dollar General, and medical offices.
    • One 28,316 SF available space, ideal for big‑box or junior‑box retailer.
    • Prime location, 35‑minute drive from Pittsburgh, benefiting from the new Shell petrochemical plant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rochester Applaince Repair Appliance Repair Service CDReload - Online Bitcoin ... Crypto Atm Giant Eagle Pharmacy Pharmacy Giant Eagle Supermarket Grocery Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Beaver
    State
    Pennsylvania
    Longitude
    -80.2880742
    Latitude
    40.7017231

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    FAQs

    What type of property is this?
    Shopping center - Grocery-anchored retail space available
    Where is this shopping center located?
    The property is located at 111 Madison St Rochester, PA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 184,082 SF grocery-anchored shopping center in Rochester, PA.; Strong tenant mix including Giant Eagle, Dollar General, and medical offices.; One 28,316 SF available space, ideal for big-box or junior-box retailer.
    Request Owner's contact information
    111 Madison St Rochester, PA 15074
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    Rochester, PA 15074
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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
    111 Madison St Rochester, PA 15074
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