5055 Library Rd | Bethel Park, PA 15102
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- LoopNet Team
5055 Library Rd
Bethel Park, PA 15102
Bethel Park Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Exceptional Giant Eagle Sales of $56.6 million ($867 PSF) for TTM as of 6/1/2022, reflecting a low occupancy cost of 2.07%
- 99% of revenue coming from national / credit tenants at the center with 70% of total revenue generated by Walmart and Giant Eagle
- Former PNC bank pad opportunity adjacent to Walmart provides new ownership with an immediate value add opportunity
- Top performing Walmart with the #1 visits per square foot within a 15-mile radius out of 6 locations
- Significant arbitrage opportunity to spin off brand new Chase and Popeyes leases on long-term NNN leases
- Located on Library Road, the primary north-south commercials thoroughfare for the Bethel Park Submarket with 33k VPD
PROPERTY FACTS
Property Type
Retail
Building Size
202,358 SF
Building Class
B
Year Built/Renovated
1965/1998
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.26
Lot Size
17.54 AC
Zoning
C-2
Parking
820 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
1,301’ on Paxton Dr
AMENITIES
- Dedicated Turn Lane
- Signalized Intersection
- Car Charging Station
PROPERTY TAXES
| Parcel Number | 0392-K-00300-0000-00 | Improvements Assessment | $11,846,600 |
| Land Assessment | $3,358,800 | Total Assessment | $15,205,400 |
PROPERTY TAXES
Parcel Number
0392-K-00300-0000-00
Land Assessment
$3,358,800
Improvements Assessment
$11,846,600
Total Assessment
$15,205,400
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