List Search

2000-2018 Penny Lane Dr
Jeannette, PA 15644

Price Upon Request

General Retail For Sale  •  107,401 SF

Property Details

  • Property Type General Retail
  • Total Building Size 107,401 SF
  • Lot Size 15.07 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Multiple
0 Transit Score
32 Walk Score

Highlights

Immediate Value-Add Opportunity | 91.4% Leased | 4 Vacant Units – 9,200 SF: The Property presents an investor with an immediate opportunity
Strong Leasing Momentum | 7 New Small-Shop Leases Executed Over The Past 2.5 Years: Penn Crossing has experienced strong
Limited Retail Competition in the Surrounding Area | Nearest Traditional Grocer is ~5 Miles Away: Given the topography of the surrounding area
$9.82 PSF Annual Base Rent | 4+ Years of Weighted Avg. Lease Term Remaining (WALT)
Giant Eagle Comprises Nearly 55% of Rental Income | 20-Year Operating History at this Location
Desirable Demographics | Avg. HHI Nearly $130,000 within 1-mile | Over $100,000 in 3-miles

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
16 min - 8.1 mi
AirportDriveWalkDistance
Arnold Palmer Regional 33 min - 18.0 mi
Pittsburgh International 66 min - 41.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 500
Type: Surface
Included in Rent: Yes