0 Intersection Of Shady + Penn Avenues, Pittsburgh, PA 15206
The Meridian, a prominent Allegheny County retail center, offers exceptional leasing opportunities. This 78,386 square foot property features seven total suites, with five currently available for lease. The flexible space allows for a variety of retail concepts, with minimum divisible space starting at 1,889 square feet and maximum contiguous space reaching 5,003 square feet. This presents a unique chance for businesses seeking a range of sizes to accommodate their needs. Currently, 22,815 square feet of retail space is vacant, providing significant potential for growth and expansion. The property boasts convenient access and ample parking, with a total of 122 spaces available for customers and employees. Its strategic location within Allegheny County ensures high visibility and accessibility for potential customers. The multiple tenancy structure allows for a diverse mix of businesses, creating a vibrant and attractive shopping destination. This is an exceptional opportunity to secure prime retail space in a thriving commercial area. Interested parties are encouraged to inquire about available suites and lease terms. The property is categorized as commercial retail, offering a versatile space suitable for a wide array of retail businesses. The building's size and layout provide flexibility for various business models and expansion plans.
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.