5932 Centre Ave Pittsburgh, PA 15206
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.