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Property profile & analytics
FOR LEASE
Shopping centers

111 W Madison St Rochester, PA 15074

Entity Owned 4-yr Hold
Property ID
US73-3544984
Property summary
AI-generated overview

Madison Square Shopping Center is the dominant grocery anchored shopping center in Rochester/Beaver, PA trade area. At 184,082 square feet, the Giant Eagle Anchored Shopping Center is a 35-minute drive to downtown Pittsburgh and features a high performing Giant Eagle Supermarket, Dollar General, Valor Healthcare, North Way Christian Community, Nova Care Rehabilitation, and Sewickley Pediatric and Adolescent Medicine. The center has one vacancy remaining of the former K-mart space totaling 38,316 square feet that serves as an excellent opportunity for any big box or junior box retailer looking to establish a dominant presence in the market. Beaver County is seeing tremendous growth right now as a result of the new $1.65B Shell Global petrochemical plant along the Ohio River that opens in 2022. This project has been documented as the biggest of its kind in the state of Pennsylvania. This project alone will exponentially increase the area’s growth in all facets. y big box or junior box retailer looking to establish a dominant presence in the market. Beaver County is seeing tremendous growth right now as a result of the new $1.65B Shell Global petrochemical plant along the Ohio River that opens in 2022. This project has been documented as the biggest of its kind in the state of Pennsylvania. This project alone will exponentially increase the area’s growth in all facets.

Property profile
Verified
Property type Shopping centers
UPID US73-3544984
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
  • Rochester Applaince Repair Home Appliance Store
  • CDReload - Online Bitcoin ATM Crypto Atm Atm
  • Giant Eagle Pharmacy Pharmacy
  • Giant Eagle Supermarket Grocery & Convenience Store Food Market
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Popular Condo 3 LLC · 4 yrs held
Popular Condo 3 LLC
since 2022
1 recorded transaction
2022
$12.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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