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    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
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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