11650 Penn Hills Dr
Pittsburgh, PA 15235
Specialty For Sale · Specialty Property For Sale

Marcus & Millichap has been selected to exclusively market for sale Penn Hills Shopping Center, a 276,882-square-foot regional center that services the immediate vicinity and surrounding Penn Hills area. This shopping center is shadow-anchored by Giant Eagle, whose sales have regularly exceeded $600 a square foot annually. Due to the typical topographical barriers to entry found in the Pittsburg market, Penn Hills Shopping Center is the only convenient option for the community of Penn Hills, with approximately 42,000 residents. The next shopping option is outside the Penn Hills area, more than 2 miles away at the Monroeville Mall Penn Hills is a municipality located approximately 10 miles to the east of downtown Pittsburgh, Pennsylvania. Penn Hills is bordered by the Allegheny River on the north, Pennsylvania Turnpike (I-76) on the east, and Interstate 376 on the south. This community had a 2015 population of approximately 42,239, making it the second-largest in Allegheny County, behind Pittsburgh.

Major Shopping Center for Penn Hills and Surrounding Communities
Excellent Tenant Mix - Aldi, Dollar Tree, Big Lots, Plus Regionals and Locals
Shadow Anchored by Historically Strong Performing Giant Eagle Grocery
Five Mile Radius Average Household Income $67K+ for 193K+ Residents
Immediate Upside in Capitalizing Outparcel Value - Valvoline, DaVita, Wendy's, KFC, PNC, Dollar Bank, USPS
Central Hub Servicing Penn Hills Residents for 40 years