Riverview Plaza | New Kensington, PA
Sands Investment Group is Pleased to Present Exclusively For Sale the 51,969 SF Riverview Plaza Located at 100 Tarentum Bridge Road in New Kensington, PA. This Opportunity Features a 92.31% Occupied Strip Center Anchored By Staples, Providing For a Unique and Value-Add Investment.
- 92.31% Occupied Strip Center Anchored By Staples, Who Has Occupied Their Space Since 1998 and Has Multiple Renewals Remaining
- 1 Vacancy Creates a Value-Add Opportunity
- Below Replacement Cost
- Below Market Rent – on Average About $9.31/SF
- Located Within a Dense Retail Corridor
- Located Just Off Tarentum Bridge Road Which Sees Over 46,828 VPD
- New Kensington is Located Under 10-Miles From Pittsburgh
- Strong Demographics With a Population of 43,405 Residents Making an Average Household Income of $61,067 Within a 3-Mile Radius
- Nearby Retailers Include: Giant Eagle Supermarket, Denny’s, O’Reilly Auto Parts, ALDI, Wendy’s, AutoZone Auto Parts, Walgreens and Many More
In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. # RB069072
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