1703-1721 Union Ave Natrona Heights, PA 15065

Property Details for 1703-1721 Union Ave

Year built

1955

Property size

39,545 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 39,545-square-foot retail strip center in Natrona Heights, Pennsylvania, presents a compelling investment opportunity. Located at 1703-1721 Union Ave, 15065, Allegheny County, this single-story, 1955-built property underwent renovations in 1989 and boasts a strong tenant mix. The center is anchored by a newly signed General Services Administration (GSA) lease with the Social Security Administration, ensuring stable income. A long-standing United States Post Office adds further stability. Other tenants include a regional medical center (Allegheny Health Network Natrona Heights OB/GYN), Plaza Laundry, and Harvest Moon Coffee & Chocolates. A separately owned FNB Bank branch further enhances the property's appeal. The center is situated within the larger 370,000-square-foot Heights Plaza shopping center, spanning approximately 28 acres in Harrison Township. Its convenient location, just 25 minutes northeast of downtown Pittsburgh, and convenient access via a stoplight at Freeport Road, contribute to its high visibility and accessibility. The property is zoned for commercial use and features ten tenants under a NNN lease structure. This well-maintained property offers significant growth potential and stable rental income, making it an ideal investment for those seeking a high-performing asset in a thriving community. The property is available for sale as a whole, or individual buildings may be sold separately depending on buyer requirements.

Location Insight

City

Natrona Heights

County

Allegheny

State

Pennsylvania

Longitude

-79.7243

Latitude

40.6228