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    OFF-MARKET
    Neighborhood centers

    12224 Frankstown Rd, Penn Hills, PA 15235

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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