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1340 N Hermitage Rd
Hermitage, PA 16148

Levin Furniture | Corp lse | Investment Opp · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
42,000 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
2.98 AC
Zoning
C-2
Parking
105 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
225 FT on Hermitage Rd

Amenities

  • Freeway Visibility
  • Signage

About 1340 N Hermitage Rd , Hermitage, PA 16148

The subject property is located along N. Hermitage Rd. / State Highway 18, a major north/south thoroughfare traveling through the town of Hermitage, averaging 20,600 vehicles passing by each day. Levin Furniture has a large pylon sign, providing excellent visibility and street frontage. The site is located about a mile from U.S. Highway 62, averaging 15,800 VPD. Levin Furniture is positioned across the street from a 24-hour Walmart Supercenter anchored center, with outparcel tenants including Petco, GNC, and Sally Beauty Supply, increasing consumer draw and promoting crossover shopping to the site. Hermitage Towne Plaza and Shenango Valley Mall are located about a mile south of the site, with national/credit tenants including TJ Maxx, Big Lots, JoAnn’s, Sears, JCPenney, and more. Other nearby national/credit tenants include Lowe’s Home Improvement, Walgreens, Chipotle, McDonald’s, and more, further increasing consumer draw to the trade area. The 5-mile trade area is supported by nearly 48,000 residents and more than 25,000 employees. The 1-mile trade area has an average household income of $77,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-616720
Land Assessment
$27,900
Improvements Assessment
$717,050
Total Assessment
$744,950
  • Listing ID: 14078659

  • Date on Market: 10/15/2018

  • Last Updated:

  • Address: 1340 N Hermitage Rd, Hermitage, PA 16148

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