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    FOR LEASE
    Strip malls

    28 Monongahela Ave, Glassport, PA 15045

    1.24 ac lot
    Entity Owned 23-yr Hold Free & Clear
    Property ID
    US73-3005329
    Property summary
    AI-generated overview

    This exceptional multi-tenant retail center in Glassport, PA, boasts 24,700 square feet of prime commercial space at 28 Monongahela Ave, 15045. Currently housing established businesses including Dollar General, Subway, Mama Pepino's Pizza, Tube City, and a laundromat, this property presents a lucrative investment opportunity. Two spaces are immediately available, ranging from 1,568 to 3,500 square feet, providing flexibility for a variety of retail uses. The high-traffic location ensures excellent visibility and accessibility for tenants, contributing to strong potential for rental income. The building's existing tenant mix demonstrates a proven track record of success in this location. The available spaces offer a chance to expand an existing business or establish a new presence in a thriving community. This property is ideally suited for businesses seeking a well-established location with significant foot traffic and a diverse range of neighboring businesses. The available square footage provides ample space for a variety of retail concepts, making it an attractive option for both established and emerging businesses. The property's location in Glassport, Pennsylvania offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This is a rare opportunity to acquire a well-positioned retail property in a growing market.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Lot 1.24 ac (54,000 SF)
    APN 467-C-35
    UPID US73-3005329
    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
    • Dollar General Discount Store
    • DollarGeneral09002 Electronics Vending Machine
    • 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
    by Request
    Owner & transaction history
    Cocca Development Ltd · 23 yrs held
    Cocca Development Ltd
    since 2002
    1 recorded transaction
    2002
    $240,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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