100 Tarentum Brg Rd New Kensington, PA 15068-4670
Property Lookup
Property profile & analytics
100 Tarentum Brg Rd New Kensington, PA 15068-4670
- Commercial real estate
- 136,184 SF
- 5.64 lot acres
Property ID
US73-3823736
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Cricket Wireless Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
- Staples Travel Services / (Bike/Boat/Book/etc) Store
- Your Source for Premier Dental Burs / Dental Office
- Dollar Tree / Discount Store
- A&W Restaurant / Restaurant / Take-out & Catering
Property Details for 100 Tarentum Brg Rd
- Year built
- 1963
- Lot size
- 5.64 lot acres
- Property size
- 136,184 SF
- Property type
- Commercial real estate
- APN
- 24-02-09-0-005
- APU
- 2402090005
Description
This exceptional 46,077-square-foot shopping center in New Kensington, PA, presents a compelling investment opportunity. Located at 100 Tarentum Bridge Road, this single-story, 1963-built property boasts a strong 8.00% cap rate and a Net Operating Income (NOI) of $535,304. The asking price is $6,691,300, translating to $145.22 per square foot. Currently housing nine tenants under a triple-net (NNN) lease structure, the property enjoys 100% occupancy with a weighted average lease term (WALT) exceeding five years. Significant recent improvements include a new roof (July 2022), repaved parking lots (April 2023), and over $575,000 invested in the past two years. The property benefits from a shadow anchor, a newly constructed Aldi, and planned developments including a Starbucks and Harbor Freight within the next two years. A recent 25% rental increase demonstrates tenant strength, as evidenced by Staples exercising a five-year option. While one tenant's lease is expiring early 2025, they have expressed interest in renewing at a potentially higher rate. The property is strategically located in a high-traffic area with over 23,643 vehicles per day on Tarentum Bridge Road, and serves a strong demographic area with 66,904 residents within a five-mile radius, boasting an average household income of $74,280. Nearby retailers include Giant Eagle, Walgreens, and other national brands. This is a rare opportunity to acquire a well-maintained, high-performing retail asset with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,920,000
- ML approach
- $3,630,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,662,000
- AI Estimate
- $5,373,000
Market price range: $4.66M - $21.1MMarket price range: $5.37M - $16.3M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Kensington
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.7495
- Latitude
- 40.591
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$47,168
$86,000
$212,250
$298,250
-
$86,000
$212,250
$298,250
