4100 William Penn HwyMonroeville, PA 15146

  • Super regional malls
  • 27.48 AC

Property Details for 4100 William Penn Hwy

Lot size
27.48 AC
Property type
Super regional malls
APN
743-M-275
APU
743M275

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $410,519,488
    6.5%
    $378,941,056
    7%
    $351,873,824
  • Comparable approach

    Method
    Valuation
    Relative Method
    $544,194,496
    Geo Method
    $603,187,136
  • Alternative Use

    Use
    Valuation
    Residential
    $319,650,944
    Hospitality
    $292,798,560
    Educational
    $243,604,960
    Medical
    $251,982,912
    Retail
    $378,941,056

Location Insight

City
Monroeville
County
Allegheny
State
Pennsylvania
Latitude
40.4375
Longitude
-79.7665
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,406,253
$10,993,200
$33,526,800
$44,520,000
-
$10,993,200
$33,526,800
$44,520,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].