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Property profile & analytics
OFF-MARKET Estimated value $540,000
Super regional malls

1500 Washington Rd Pittsburgh, PA 15228-1651

5.6 ac lot
Entity Owned 24-yr Hold ~ Est. High Equity
Property ID
US73-3059589
Property summary
AI-generated overview

This exceptional restaurant opportunity is located within the prestigious Galleria of Mt. Lebanon, a thriving upscale shopping center in the South Hills of Allegheny County. The space totals 6,285 square feet, featuring a unique and highly desirable 1,659 square foot rooftop deck, perfect for outdoor dining or events. This single-tenant space presents a rare chance to establish a prominent presence in a high-traffic area. The Galleria boasts a diverse mix of over 30 retailers, including well-known brands such as Talbot's, Orvis, Ann Taylor, William Sonoma, Houlihan's, Bravo, and Mitchell's Fish Market, ensuring a steady flow of potential customers. The center also includes a six-screen movie theater, further enhancing its appeal and drawing a large and diverse clientele. The property benefits from excellent visibility and signage opportunities, allowing for strong brand recognition. Its convenient location offers easy accessibility via Route 19 and Bowerhill Road, providing convenient access for both customers and employees. This is an unparalleled chance to secure a prime restaurant location in a highly sought-after area. The combination of upscale surroundings, ample space, a stunning rooftop deck, and excellent accessibility makes this an exceptional investment opportunity.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Lot 5.6 ac (243,980 SF)
APN 252-S-300
UPID US73-3059589
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
  • H Baskin Clothing Store Boutique
  • Talbots Clothing & Fashion Store
  • AMC Classic Mount Lebanon 6 Cinema Theater & Performing Art Venue
  • Galleria Brow Hair Salon Nail Salon
  • EVEREVE Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$540k
Owner & transaction history
Continental/galleria LP · 24 yrs held
Continental/galleria LP
since 2002
1 recorded transaction
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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