Kennywood Shops

Investment Highlights

  • Giant Eagle Grocery Anchored Center
  • Long Term Anchor Lease
  • Strong Giant Eagle Sales ($455/sf)
  • Below Market Rents
  • Rents Only Average $5.39/sf
  • Schedule Rent Increases
  • Stabilized (94% Occupied)
  • 80% Leasesd to National Tenants
  • Giant Eagle is the Dominant Grocer in the Market
  • Priced Below Replacement Cost
  • Suburb of Pittsburgh
  • Infill Location
  • High Barriers of Entry
  • Over 200,000 People within 5 Miles
  • Strong Traffic Counts

Offering Summary

  • Price: $9,350,000
  • CAP: 7.75%
  • GLA: 194,820
  • Pice/SF: $47.99
  • Site Area: 21.9 Acres
  • Occupancy: 94%

Request More Information

Request More Property Details

Interested in this property? Request a full marketing package from us.
  • This field is for validation purposes and should be left unchanged.
Interested in this property? Call us at 317-844-0700 or email us.