Shopping Community

Shop n' Save Center

660 E Pittsburgh St, Greensburg, PA 15601

Listing Price: $10,585,000

Cap Rate
8.50%
Gross SF
191,645
Rentable SF
191,645
Price/Gross SF
$55.23
Lot Size
16.99 acres
Year Built
1965

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Shop n' Save Center located in Greensburg, Pennsylvania. This 191,645-square-foot shopping center is 100 percent occupied and anchored by Shop ‘n Save Supermarket. The offering consists of five individual retail building situated on three parcels that total 17 acres.

Investment Highlights

  • Freestanding AAMCO Total Car Care Included in Sale – Leased thru March 2026
  • All Tenants are Subject to Pro-Rata Triple-Net Leases – 100 Percent Recapture of Real Estate Taxes, Common Area Maintenance, and Insurance Expenses; Only Slippage is Non-Reimbursable CapEx and Management Fees
  • Other Larger Tenants Occupying 20,000 to 35,000 Square Feet Include SeaBase Family Fun Center (Tenant Since 2003) and Westmoreland Case Management and Supports, Inc. (Tenant Since 2005)
  • Notable Small-Shop Tenants Include Dollar Tree, Boost Mobile, Fantastic Sam's and Subway
  • 100 Percent Occupied, 191,645-Square-Foot Grocery- Anchored Community Shopping Center in Greensburg, Pennsylvania
  • Anchored by Shop 'n Save Supermarket (26 Percent of Gross Leasable Area) – Leased to Triple-Net Terms Thru June 2028
  • Offering Consists of Five Individual Retail Buildings Situated on Three Parcels Totaling 17 Acres
  • Co-Anchored by Ollie's Bargain Outlet (21 Percent of Gross Leasable Area) – Tenant Since 2004 Leased to Triple-Net Terms thru February 2024

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

Shopping Community

Shop n' Save Center

Listing Price: $10,585,000

Cap Rate
8.50%
Gross SF
191,645
Rentable SF
191,645
Price/Gross SF
$55.23
Lot Size
16.99 acres
Year Built
1965

Investment Highlights

  • Freestanding AAMCO Total Car Care Included in Sale – Leased thru March 2026
  • All Tenants are Subject to Pro-Rata Triple-Net Leases – 100 Percent Recapture of Real Estate Taxes, Common Area Maintenance, and Insurance Expenses; Only Slippage is Non-Reimbursable CapEx and Management Fees
  • Other Larger Tenants Occupying 20,000 to 35,000 Square Feet Include SeaBase Family Fun Center (Tenant Since 2003) and Westmoreland Case Management and Supports, Inc. (Tenant Since 2005)
  • Notable Small-Shop Tenants Include Dollar Tree, Boost Mobile, Fantastic Sam's and Subway
  • 100 Percent Occupied, 191,645-Square-Foot Grocery- Anchored Community Shopping Center in Greensburg, Pennsylvania
  • Anchored by Shop 'n Save Supermarket (26 Percent of Gross Leasable Area) – Leased to Triple-Net Terms Thru June 2028
  • Offering Consists of Five Individual Retail Buildings Situated on Three Parcels Totaling 17 Acres
  • Co-Anchored by Ollie's Bargain Outlet (21 Percent of Gross Leasable Area) – Tenant Since 2004 Leased to Triple-Net Terms thru February 2024

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Shop n' Save Center located in Greensburg, Pennsylvania. This 191,645-square-foot shopping center is 100 percent occupied and anchored by Shop ‘n Save Supermarket. The offering consists of five individual retail building situated on three parcels that total 17 acres.

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

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