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    OFF-MARKET
    Retail properties & Spaces

    3475 William Penn Hwy, Monroeville, PA 15146

    21,793 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 3475 William Penn Highway in Monroeville, Pennsylvania (zip code 15146), offers 9,988 square feet of vacant space within a larger 21,793 square foot building. The property is situated in Allegheny County and consists of a single, one-story building. Currently, the site is a single-tenant property with a long-term ground lease held by Pep Boys. Their tire and auto repair operations will continue on-site. The former parts sales area, ranging from 3,200 to 11,500 square feet, is now available for lease. Suitable uses include, but are not limited to, medical facilities (dialysis or plasma centers), childcare centers, doggie daycares, discount retail, furniture stores, tool and hardware stores, and automotive businesses that do not directly compete with the existing tire and repair services (e.g., collision centers, auto glass repair, or auto parts stores that are not directly competitive). Negotiable cash allowances are available, contingent upon a rent structure that ensures a reasonable return on investment for property improvements. This high-visibility location presents a unique opportunity for businesses seeking a prominent presence in a busy Monroeville commercial corridor.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 21,793 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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