Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    590 Pittsburgh Mills Cir Tarentum, PA 15084

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Tarentum retail space, multiple availabilities.

    Lot size:
    1,070,625 SF

    Property Features for 590 Pittsburgh Mills Cir

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,070,625 SF

    Spaces For Lease

    at 590 Pittsburgh Mills Cir, Tarentum, PA 15084 Contact us

    We can help!

    Listing Contact
    Igal Nassim

    Listing Agency: Mason Asset management Listing Agent: Igal Nassim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Galleria at Pittsburgh Mills, located at 590 Pittsburgh Mills Cir, Tarentum, PA 15084, offers a significant retail opportunity in Allegheny County. This established shopping mall boasts a total building area of 1,070,625 square feet, presenting a diverse range of spaces for lease. Currently, there is 392,603 square feet of vacant space available, offering flexibility for various retail concepts. Units range from a minimum of 649 square feet to a maximum contiguous space of 99,332 square feet, catering to businesses of all sizes. The property features a food court and anchor spaces, providing a strong draw for customers. The mall's location in Tarentum, Pennsylvania, ensures convenient access for a substantial customer base. Whether you require inline space, an anchor location, or an outparcel, the Galleria at Pittsburgh Mills offers a variety of options to suit your business needs. With its established presence and ample available space, this property represents a compelling investment opportunity within a thriving retail market. The property is a multi-tenant retail space with 125 available spaces. This prime location offers exceptional visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    TJ Buffet Sushi ... Restaurant Proactiv Automated Kiosk (Bike/Boat/Book/etc) Store Buccos Roofing Roofing Company GQT Pittsburgh Mills ... Cinema T-Mobile Authorized Retailer Telecommunications Service

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tarentum
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7972168
    Latitude
    40.5729075

    Nearby Similar for Lease

    • $650,000
      3,500 SF

      Medical Office Space Available

      3,500 SF medical office space for lease.
      301 E 1St Ave, Tarentum, PA 15084
      View Details
    • Contact for pricing
      6,300 SF

      Retail Strip Center Opportunity

      Proposed retail strip center with drive-thru potential for lease.
      301-303 E 10Th Ave, Tarentum, PA 15084
      View Details
    • Contact for pricing
      1,650 SF

      Retail Space in Tarentum, PA

      Retail space available in Tarentum, approximately 1650 square feet.
      100 Pittsburgh Mills Cir, Tarentum, PA 15084
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Tarentum retail space, multiple availabilities.
    Where is this individual retail property located?
    The property is located at 590 Pittsburgh Mills Cir Tarentum, PA.
    What are key features of this property?
    This property features: Enclosed regional mall.; Tarentum, PA location, 17 miles northwest of Pittsburgh.; Serves the 2.4M+ population Pittsburgh MSA.
    Request Owner's contact information
    590 Pittsburgh Mills Cir Tarentum, PA 15084
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    590 Pittsburgh Mills Cir
    Tarentum, PA 15084
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    590 Pittsburgh Mills Cir Tarentum, PA 15084
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Igal Nassim
    Real Estate License ID: 10311202380
    Learn more
    Google sign-in failed. Please try again or use another login method.