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Property profile & analytics
OFF-MARKET
Lifestyle centers

1950 State St Hermitage, PA 16148

1,200 SF
Property ID
Property summary
AI-generated overview

This 1,200 square foot shopping center in Hermitage, Pennsylvania, presents a compelling investment opportunity. Located at 1950 E State St, zip code 16148, this property boasts a strong tenant mix, including Dollar Tree, T-Mobile, and Little Caesars Pizza. The center is strategically situated in a high-traffic area, within the primary shopping district serving both Sharon and Hermitage. Its proximity to major roadways, including S. Buhl Farm Road, ensures excellent visibility and accessibility. The center's location adjacent to McDonald's and Taco Bell further enhances its appeal and foot traffic. The building itself is only five years old (occupancy date March 31, 2019), indicating a relatively new and well-maintained structure. The asking price is $12 per square foot. This property offers a rare chance to acquire a well-established retail center in a thriving commercial area, just a half-mile from the Shenango Valley Mall, providing additional exposure to a large consumer base. The property is classified as a retail shopping center in Mercer County. This is an excellent opportunity for investors seeking a stable and profitable retail investment in a desirable Pennsylvania location.

Property profile
Verified
Property type Lifestyle centers
Total area 1,200 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
  • Dollar Tree Discount Store
  • Lesia Flooring Big Box & Wholesale Store
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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