1597 Washington PikeBridgeville, PA 15017
- Retail properties
- 4.59 AC
Property Details for 1597 Washington Pike
- Lot size
- 4.59 AC
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 144-B-1
- APU
- 144B1
Description
Collier Town Square, located at 1597 Washington Pike in Bridgeville, Pennsylvania 15017, presents a unique opportunity for retail businesses seeking space in a thriving Allegheny County market. This 8,445 square foot shopping center offers six suites, with available spaces ranging from a minimum of 862 square feet to a maximum contiguous space of 2,617 square feet. Currently, there is 10,043 square feet of vacant space available, providing flexibility for various retail concepts. The property is situated in a high-growth area, experiencing significant commercial development. Nearby successful retail developments include Newbury (featuring Top Golf, BJ's Wholesale, and Carvana), the Piazza (with Firebirds Wood Fired Grill and Primanti Bros.), South Fayette Common (including Dunkin'), the Shoppes at Bursca (with Pizza Hut), and the Crossings at South Fayette (home to Aldi, Jimmy John's, Sola Salon Studios, Brentwood Bank, Chipotle, and Starbucks). The Bridgeville/South Fayette area is known as one of the region's most desirable and rapidly expanding suburban markets, attracting both residents and businesses. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a dynamic and prosperous community. The property's multiple suite configuration allows for diverse tenancy options, catering to a range of retail needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $55,891,668
- 6.5%
- $51,592,308
- 7%
- $47,907,144
-
Comparable approach
- Method
- Valuation
- Relative Method
- $47,126,952
- Geo Method
- $47,126,952
-
Alternative Use
- Use
- Valuation
- Residential
- $43,520,044
- Hospitality
- $39,864,124
- Educational
- $33,166,484
- Medical
- $34,307,132
- Retail
- $51,592,308
Location Insight
- City
- Bridgeville
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.3823
- Longitude
- -80.0956
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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