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Hermitage Crossing
Hermitage, PA

$5,385,000 USD

General Retail For Sale  •  71,002 SF

4 Properties View all

Property Details

  • Property Type General Retail
0 Transit Score
47 Walk Score

Highlights

Walmart Shadow Anchored: The property is shadow-anchored by a Walmart Supercenter with nearly 3M annual visits and strong customer traffic.
Daily Needs & Service Tenancy: The center features service-oriented tenants like Petco, Aspen Dental, UPMC, and T-Mobile that drive steady traffic.
Recent Leasing Momentum: Aspen Dental recently extended its lease through 2036 and May Tea & Coffee signed a new 5-year lease starting in 2025.
Immediate Value-Add Upside: The property is 79.2% occupied with five vacant units totaling 11,011 SF, offering lease-up value-add potential.
Spin-Off Opportunity: The property can be sold in multiple parts, including a 4-tenant strip center and a vacant pad site.
Additional Land Site: An additional land parcel provides future development or resale opportunities.

Property Flyers

Jonah Yulish 216-503-3610 Matthews Real Estate Investment Services
Jonah Yulish 216-503-3610 Matthews Real Estate Investment Services