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    Property profile & analytics
    OFF-MARKET Estimated value $520,000
    Super regional malls

    4100 William Penn Hwy, Monroeville, PA 15146-2661

    27.48 ac lot
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US73-2023722
    Property summary
    AI-generated overview

    This exceptional community shopping center, totaling 269,509 square feet, is strategically located at 4100 William Penn Hwy in Monroeville, Allegheny County, Pennsylvania, zip code 15146. Boasting over 4.6 million annual visits, the center features a robust tenant mix including top-performing locations of national brands like Panera Bread, OfficeMax, and Scrubs & Beyond, as well as high-performing Chick-fil-A and Old Navy. This strong anchor tenant lineup and desirable location attract a diverse customer base, creating an ideal environment for retail success. The property benefits from its proximity to downtown Pittsburgh (14 miles) and convenient access to the heavily trafficked PA Turnpike. The center serves a substantial trade area encompassing over 527,505 residents and 507,098 daytime employees within a 10-mile radius. Furthermore, over seven million square feet of office space is located within a five-mile radius, providing a significant pool of potential customers. This prime retail location presents a compelling investment opportunity in a thriving market.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Lot 27.48 ac (1,197,159 SF)
    APN 743-M-275
    UPID US73-2023722
    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
    • Miracle Mile Shopping Center Shopping Center & Mall
    • Bath & Body Works (Bike/Boat/Book/etc) Store Cosmetic Store
    • White Barn Candle Co. Home Decor Store
    • Eyeglass World (Bike/Boat/Book/etc) Store
    • Carter's Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $520k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $520k
    Owner & transaction history
    Pz Miracle LP · 8 yrs held
    Pz Miracle LP
    since 2017
    2 recorded transactions
    2017
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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