Property profile

5600 William Flynn Hwy Gibsonia, PA 15044

FOR LEASE
Auto shops
Property ID
US73-2202497
1.05 ac lot
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

Northtowne Square, a prime retail strip center located in Gibsonia, Pennsylvania, offers a fantastic leasing opportunity. This vibrant center is situated in a thriving Pittsburgh suburb, approximately 15 miles north of downtown, providing excellent accessibility and visibility. The property boasts a total of 113,372 square feet, currently featuring a prominent 86,477-square-foot Giant Eagle anchor tenant demonstrating strong sales performance. This key anchor tenant contributes significantly to the center's overall success and draws a substantial customer base. A highly desirable 3,505 square feet of retail space is currently available for lease, presenting a unique chance to establish a presence in this bustling commercial hub. The center benefits from an exceptionally high traffic volume, with over 18,500 vehicles traversing William Flynn Highway daily, ensuring significant exposure for prospective tenants. The surrounding area is densely populated, with over 23,800 residents within a three-mile radius, boasting an impressive average household income exceeding $131,400. This affluent demographic provides a strong and reliable customer base for businesses operating within Northtowne Square. The property is located in Allegheny County and presents a compelling investment opportunity for businesses seeking a strategic location within a high-performing retail environment. This is an exceptional chance to secure a space in a well-established and successful retail center.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 1.05 ac (45,738 SF)
APN 1665-C-196
UPID US73-2202497

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5600 William Flynn Hwy Gibsonia, PA 15044
Gibsonia metro Census 408001 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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