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    OFF-MARKET
    Retail properties & Spaces

    0 Intersection Of Shady + Penn Avenues, Pittsburgh, PA 15206

    78,386 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 78,386 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
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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