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Property profile & analytics
OFF-MARKET
Community centers

5932 Centre Ave Pittsburgh, PA 15206

155,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 155,000 square foot retail community center is strategically positioned along three blocks of Centre Avenue in Allegheny County. The property boasts a vibrant mix of tenants, including a soon-to-open Fresh Market grocery store. Ample free parking is available for the convenience of shoppers and diners. The center's strong tenant roster includes the highest-grossing Fine Wine and Good Spirits store in Allegheny County, a testament to the area's affluent demographic and robust consumer spending. Furthermore, the center houses the most visited Walgreens in the entire state of Pennsylvania, according to Placer.ai data, underscoring the exceptional foot traffic and high visibility this location offers. This prime retail opportunity presents a unique chance to invest in a well-established and highly successful shopping destination with a proven track record of success and strong anchor tenants. The property's size and location make it an ideal investment for those seeking a stable and high-performing retail asset in a thriving community. The combination of a diverse tenant mix, ample parking, and a prime location ensures consistent revenue generation and significant potential for future growth. This is a rare opportunity to acquire a significant retail asset in a high-demand area.

Property profile
Verified
Property type Community centers
Total area 155,000 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
  • Deka Lash - Shadyside Hair Salon Nail Salon
  • MCN Salon Hair Salon
  • Eva Szabo European Skin Care Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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