Brookhaven Shopping Center
5075 Edgmont Ave, Brookhaven, PA 19015
213,755 sf
Attributes
Land area gross
28.72 acres
Building area net
260,305 sf
Occupancy
90.2%
WALT
7.1 years
Year Built / Renovated
1955 / 2018
Parking spaces
1,281
Anchor Tenants
Fresh Thyme, Harbor Freight, Boot Barn, PetSmart, Crunch Fitness
Description
On behalf of Ownership, JLL is pleased to present the opportunity to acquire Four Seasons Southland Shopping Center (the “Property”), a 260,305-square-foot, grocery-anchored retail center strategically located along the highly trafficked Route 51 (Clairton Boulevard) corridor in Pittsburgh’s South Hills submarket.
The Property represents a compelling opportunity to acquire an established retail asset with durable in-place income and meaningful upside through lease-up. Currently 90% leased with a 7.1-year WALT, the Property benefits from a diversified tenant roster anchored by Fresh Thyme Market and complemented by a strong mix of national and regional retailers including Harbor Freight, Crunch Fitness, PetSmart, Five Below, Panera Bread, and UPMC, among others.
Four Seasons Southland serves as a dominant retail destination for the densely populated South Hills communities of Pleasant Hills, Baldwin, Whitehall, and Brentwood, and benefits from exceptional visibility and access to over 28,000 vehicles per day along one of the region’s most established commercial corridors.
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Investment highlights
- 5.2 Million Annual Visits and #2 Trafficked Community Center in a 10-Mile Radius
- Grocery Anchored with Necessity-Based Tenant Mix
- Strong In-Place Cash Flow with Future Leasing Upside
- Tremendous Visibility and Access Along Route 51 (+28,000 VPD)
- Adjacent to AHN Jefferson Hospital - a Major Regional Employer and Traffic Generator
- Established Location in High Barriers-to-Entry Market
Media
Southland Shopping Center (0 Properties)
