Heights Plaza Strip Center

38,869 SF | Retail Building | Natrona Heights, PA 15065 | For Sale

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Retail
Square Feet
38,869 SF

Listing Contacts

Mark Anderson
Mark Anderson
Verified Profile
Jonathan Levinson
Jonathan Levinson
Verified Profile
  • Property Info

Property Overview

We are excited to present a prime investment opportunity in Natrona Heights: a vibrant 39,545-square-foot strip center anchored by a new GSA lease with the Social Security Administration. The United States Post Office has been a mainstay in the center for generations. This property also features a strong regional medical center in Allegheny Health Network (Natrona Heights OB/GYN), Plaza Laundry, and the beloved Harvest Moon Coffee & Chocolates. A separately owned FNB Bank branch bifurcates the center and enhances its appeal. The strip center offers stable rental income and significant growth potential, making it an ideal choice for investors seeking a high-performing asset in a thriving community. It sits with convenient access to Route 28 and the main stoplight entrance to the shopping plaza and is located on a 0.32-acre parcel. Nearby retailers include McDonald's, Wendy's, BP, Eat n' Park, Arby's, Dairy Queen, Burger King, Sheetz, and more!
Heights Plaza is a prominent 370,000-square-foot shopping center on approximately 28 acres in Harrison Township, Pennsylvania. Investors have the potential to invest in Heights Plaza as a single property, or as individual buildings based on a buyer's investment criteria.
We are offering four availabilities within the Plaza, which features a diverse mix of anchor tenants, including Community Market, UPMC, Big Lots, AHN, and Planet Fitness. The availabilities include the following: a 370,825 SF shopping center, a 39,545 SF strip center, a Wendy's and Dollar Bank drive-thru parcel, and the potential for two separate development parcels available for expansion, with approximately four acres in the northeast corner of the site that offers significant development potential for senior housing, multi-family residential, or medical and retail uses, as well as a half-acre out parcel available at the main entrance. Natrona Heights features exceptional demographics, as well as convenient location access to Route 28.
For additional site or sale information, please reference our brochure or contact our brokers Mark Anderson or Jonathan Levinson!

Property Details

Class
B
Year Built/Renovated
1955/1989
Stories
1
Property Subtype
Storefront
Lot Size (sq. ft)
71,438 SF

Highlights

  • 39,545 SF Strip Center
  • Anchored by a new GSA lease with the Social Security Administration
  • Strong mix of local, regional and national tenants
  • USPS recently renewed lease

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