Retail Business for Sale in Monroeville, PA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Monroeville, PA 15146
Description
Lease Corporately Guaranteed by CVS, The Largest Pharmacy Chain in the United States, with over 9,500 locations Nation-Wide and an S&P credit rating of BBB and a Moody’s Rating of Baa3. Subject Property is Surrounded by a Host of the Nation’s Most Successful Retailers Including Target, Lowe’s, Aldi, Chick-fil-A, Five Guys, Taco Bell, Jiffy Lube, and Many More. Investment Highlights: • Among all Pharmacy Visits (Per Placer.ai) this Store Ranks in the top 10% Nationwide and in Pennsylvania and the Top Store within a 5-Mile Radius Providing Additional Tenant Security • One of a Select few CVS Locations that Features a Health Hub which Includes the Same Services as a CVS MinuteClinic Plus the Added Benefit of Wellness Support and a Wider Variety of Health Products • Located at the Heavily Trafficked Signalized Intersection of William Penn Highway and Northern Pike with more than 35,000 Vehicles Passing Daily • Subject Property is Strategically Located In the Pittsburgh MSA - the 26th Most Populous Area in the U.S. with More Than 2.4 Million Residents and within 35-Miles from Pittsburgh International Airport
Market Context
This retail in Monroeville, PA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Monroeville, PA — <a href="/search/sale/retail/pennsylvania/monroeville">view the full market</a>.
As of Q1 2025, the Pittsburgh retail market showed a 5.2% vacancy rate, and rents up 95.3% year over year. Source: Colliers Q1 2025 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- Is the Pittsburgh retail market tightening or softening?
- Vacancy is around 5.2%, with asking rents rising year over year (Q1 2025).
Unified Estimate
Very Low Confidence$95.87/SF – $129.71/SF
Mid: $112.79/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market chicago (similarity: 100%) with 10 comparable listings.
Contact
- Timothy B. Stephenson Jr. · (215) 531-7000
- Stephen Filippo · (212) 430-5288 · stephen.filippo@marcusmillichap.com
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