1368 Mall Run RdUniontown, PA 15401

  • Retail properties
  • 84.42 AC
For Lease

Property Details for 1368 Mall Run Rd

Lot size
84.42 AC
Property type
Retail properties
Property subtype
Super regional malls
APN
34-04-0003
APU
34040003

Description

The Uniontown Mall, a 700,000 square foot enclosed shopping center, presents a unique opportunity for retail tenants. Strategically located on Route I-40, with convenient access to Routes 119 and 21, this property boasts a significant advantage in terms of accessibility and visibility. It's the only enclosed shopping mall within a 35-mile radius, serving a substantial market. Currently, there are 325,404 square feet of vacant space available, offering flexibility for businesses of various sizes. Spaces range from a minimum of 230 square feet for smaller kiosks or RMUs (Restaurant/Merchandise Units) to a maximum contiguous space of 100,115 square feet, ideal for anchor tenants. The mall features a total of 54 available spaces, catering to a diverse range of retail needs. The property's location also benefits from a large potential customer base, with over 40,000 college students residing within a 30-mile radius. This presents a significant opportunity to tap into a vibrant and growing consumer market in Fayette County, Pennsylvania. The mall's multiple tenancy structure allows for a diverse mix of businesses, creating a synergistic shopping environment. Inquire today to explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,286,607,872
    6.5%
    $1,187,638,016
    7%
    $1,102,806,656
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,852,820,864
    Geo Method
    $1,852,820,864
  • Alternative Use

    Use
    Valuation
    Residential
    $1,001,817,088
    Hospitality
    $917,659,072
    Educational
    $763,481,600
    Medical
    $789,738,880
    Retail
    $1,187,638,016
1368 Mall Run Rd, Uniontown, Pennsylvania

Location Insight

City
Uniontown
County
Fayette
State
Pennsylvania
Latitude
39.9072
Longitude
-79.7471
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
$86,350
$1,706,250
$1,407,750
$3,114,000
-
$3,412,500
$2,815,500
$6,228,000

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].