185 Waterfront Dr Homestead, PA 15120-5013
This exceptional retail property, The Waterfront, in Homestead, Pennsylvania (zip code 15120), boasts a substantial 849,747 square feet of retail space, strategically divided into a dynamic power center and a vibrant lifestyle center. The Market on Waterfront, a 350,000-square-foot power center, is anchored by a strong lineup of national retailers including Bed Bath & Beyond, Dick's Sporting Goods, TJ Maxx, Marshalls, Petco, Best Buy, Ross Dress for Less, Michaels, and DSW. This impressive anchor tenant roster is further bolstered by the proximity of significant shadow anchors such as Target, Lowe's Home Improvement Center, and Giant Eagle, ensuring high foot traffic and strong consumer draw. Complementing the power center is the Waterfront Town Center, a 400,000-square-foot lifestyle retail destination anchored by a 22-screen AMC IMAX Theatre and Dave & Buster's, along with a diverse collection of upscale restaurants and specialty shops. Located at 185 E Waterfront Dr, this multi-tenant community shopping center presents a unique opportunity within Allegheny County's thriving retail market. The property's prime location and impressive tenant mix offer significant potential for investors seeking a high-performing retail asset. The property is situated at 40.410671185433785 latitude and -79.91538324671971 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.