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Property profile & analytics
OFF-MARKET
Lifestyle centers

2000 Penny Lane Dr Jeannette, PA 15644

107,339 SF
Property ID
Property summary
AI-generated overview

Penn Crossing Shopping Center, located at 2000 Penny Ln Dr, Jeannette, PA 15644, presents a prime retail investment opportunity. This 107,339 square foot shopping center boasts a strong tenant mix of essential retailers, anchored by a Giant Eagle grocery store – the only one within a 3-mile radius. The center serves a substantial trade area of approximately 70,000 people within a 5-mile radius, providing a stable and reliable customer base. Currently, there are 15,413 square feet of vacant space available, divisible into units ranging from 800 to 5,371 contiguous square feet, offering flexibility for various retail concepts. Existing tenants include Eastwood Hardware, PA Wine & Spirits, Sky Nails, and Warrior Pizza, further enhancing the center's appeal and creating a synergistic retail environment. The property includes 547 parking spaces, ensuring ample convenience for shoppers. Situated just 25 miles east of downtown Pittsburgh, Penn Crossing benefits from excellent accessibility and strong regional demographics. This is an exceptional opportunity to establish or expand your retail presence in a thriving community.

Property profile
Verified
Property type Lifestyle centers
Total area 107,339 SF
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
Current use
Occupant on record · Public records
  • Coinstar Kiosk - Bitcoin ATM Kiosk Atm
  • Citizens Bank Atm
  • Giant Eagle Deli Food Market Restaurant
  • Giant Eagle Bakery Bakery Specialty Food Shop
  • Nicole L. Zubaty, PharmD Pharmacy
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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