Hopewell Shopping Center — Sale in Aliquippa, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Aliquippa, PA 15001

Photos

Hopewell Shopping Center — Sale in Aliquippa, PA, photo 1 of 2
Hopewell Shopping Center — Sale in Aliquippa, PA, photo 2 of 2

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

144,095-SF Grocery-Anchored Shopping Center on a +/-22.72-Acre Site Anchored by Kuhn's Market (31,690 SF, ~22% of GLA) Under a Long-Term Lease Through 2044 With Built-In Rent Increases Diverse Mix of 24 National, Regional and Local Tenants Including H&R Block, Sherwin-Williams, Anytime Fitness and State Farm Majority NNN Leases With Taxes, Insurance and CAM Reimbursed by Tenants Attractive Basis at $62.46/SF and a 7.03% Cap Rate on In-Place Income Significant Upside Through Lease-Up of Approximately 44,000 SF of Vacant Space (30.62% of GLA) Investment Highlights: • 144,095-SF Grocery-Anchored Shopping Center on a +/-22.72-Acre Site • Anchored by Kuhn's Market (31,690 SF, ~22% of GLA) Under a Long-Term Lease Through 2044 With Built-In Rent Increases • Diverse Mix of 24 National, Regional and Local Tenants Including H&R Block, Sherwin-Williams, Anytime Fitness and State Farm

Market Context

This retail in Aliquippa, PA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Aliquippa, PA — view the full market.

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