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Royal Oak Shopping Center 1768-1794 Golden Mile Hwy
2,400 - 5,600 SF of Retail Space Available in Monroeville, PA 15146
Highlights
- Onsite parking
- Interstate access
- High thru traffic
- Excellent demographics
- Grocery store anchored
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | 5 Years | $18.50 /SF/YR $1.54 /SF/MO $44,400 /YR $3,700 /MO | Modified Gross | ||
| 1st Floor, Ste 1782 | 3,200 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $51,200 /YR $4,267 /MO | Triple Net (NNN) |
1st Floor
Former dental office. Located in a highly traveled area with about 23,000 VPD. The retail center is anchored by Aldi.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Ample parking
1st Floor, Ste 1782
Former Chinese restaurant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Ample parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1768-1794 Golden Mile Hwy , Monroeville, PA 15146
| Property Type | Retail | Year Built | 1952 |
| Property Subtype | Parking Ratio | 5.78/1,000 SF | |
| Gross Leasable Area | 48,976 SF | Cross Streets | Old Frankstown Rd |
| Total Land Area | 4.93 AC |
| Property Type | Retail |
| Property Subtype | |
| Gross Leasable Area | 48,976 SF |
| Total Land Area | 4.93 AC |
| Year Built | 1952 |
| Parking Ratio | 5.78/1,000 SF |
| Cross Streets | Old Frankstown Rd |
About the Property
Available for lease is a 2,400 SF and 3,200 SF retail suite in the vibrant Royal Oak shopping center in Monroeville, PA! Anchored by Family Dollar and Aldi, this property has excellent visibility and access, with a 23,000 daily traffic count and ample onsite parking. Notable nearby businesses include Rite Aid, CVS, Giant Eagle, YMCA, Citizens Bank, Lowes, Hampton Inn, and more! Downtown Pittsburgh is just a 30-minute commute, and the Pittsburgh International Airport is a 45-minute drive. 5-Mile Demographics: - Population: 79,587 - Average HH Income: $104,844 - Surrounding Businesses: 3,433
Nearby Major Retailers
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Royal Oak Shopping Center | 1768-1794 Golden Mile Hwy
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