Property profile

12224 Frankstown Rd Penn Hills, PA 15235

OFF-MARKET
Neighborhood centers
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail investment opportunity is located at 12224 Frankstown Road in Penn Hills, Pennsylvania, Allegheny County, zip code 15235. The property, known as the Penn Hills Municipal Shopping Center, is a neighborhood center offering multiple retail spaces for lease. Its prime location directly across from the Penn Hills Municipal Building ensures high visibility and significant foot traffic. The center benefits from its position along the heavily trafficked Frankstown Road, providing excellent exposure to potential customers. Strong anchor tenants, including Defender Self Storage, Sherwin Williams, and Grifols, contribute to a stable and attractive tenant mix, further enhancing the property's value and appeal. The property's coordinates are 40.4723324 latitude and -79.8190888 longitude. This presents a compelling investment opportunity for those seeking a well-located retail property in a thriving community. The property type is retail, specifically a neighborhood center, with multiple tenants currently occupying the available spaces. The property offers a variety of sizes and configurations to suit diverse business needs. Interested parties are encouraged to inquire for further details regarding available spaces and lease terms. This is a rare chance to acquire a well-established retail center in a desirable location with strong anchor tenants.

Property profile

Verified
Property type Neighborhood centers

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

12224 Frankstown Rd Penn Hills, PA 15235
Penn Hills metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12224 Frankstown Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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