retail for sale cranberry mall · 2017. 8. 1. · 6945 us 322, cranberry, pa 16319 cranberry mall...

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6945 US 322, Cranberry, PA 16319 CRANBERRY MALL RETAIL FOR SALE www.kwcommercial.com KW COMMERCIAL 11269 Perry Highway Wexford, PA 15090 ROBERT HOZA Managing Director 724.933.8501 [email protected] DAVID YASHAR Director 310.724.8043 [email protected] BRE #01102638 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. PROPERTY OVERVIEW Sale of regional mall and transfer of all leases to new owner PROPERTY FEATURES Anchor Tenants – Sears, The Bon Ton, Ollies Bargain Outlet, Dunhams Sports, JoAnn Fabrics 80.2% Occupied Centrally located in Venango County, Pennsylvania, approximately 1 1/2 hours south of Erie and 2 hours northeast of Pittsburgh 20 miles from I-80 and 24 miles from I-79 Full Amenities of regional mall, including food court and natural light, updated HVAC system SALE PRICE: $ Negotiable PRICE PER UNIT: $ LOT SIZE: 58.0 Acres BUILDING SIZE: 500,000 SF YEAR BUILT: 1981 RENOVATED: 1996 ZONING: Retail MARKET: Western Pennsylvania CROSS STREETS: Us 257 And US 322 TRAFFIC COUNT: 12,000

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Page 1: RETAIL FOR SALE CRANBERRY MALL · 2017. 8. 1. · 6945 US 322, Cranberry, PA 16319 CRANBERRY MALL RETAIL FOR SALE KW COMMERCIAL 11269 Perry Highway Wexford, PA 15090 ROBERT HOZA Managing

6945 US 322, Cranberry, PA 16319

CRANBERRY MALL

RETAIL FOR SALE

www.kwcommercial.com

KW COMMERCIAL11269 Perry HighwayWexford, PA 15090

ROBERT HOZAManaging [email protected]

DAVID [email protected] #01102638

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PROPERTY OVERVIEWSale of regional mall and transfer of all leases to new owner

PROPERTY FEATURESAnchor Tenants – Sears, The Bon Ton, Ollies Bargain Outlet, Dunhams Sports, JoAnn Fabrics

80.2% OccupiedCentrally located in Venango County, Pennsylvania, approximately 1 1/2 hours south of Erie and 2 hours northeast of Pittsburgh

20 miles from I-80 and 24 miles from I-79

Full Amenities of regional mall, including food court and natural light, updated HVAC system

SALE PRICE: $ Negotiable

PRICE PER UNIT: $

LOT SIZE: 58.0 Acres

BUILDING SIZE: 500,000 SF

YEAR BUILT: 1981

RENOVATED: 1996

ZONING: Retail

MARKET: Western Pennsylvania

CROSS STREETS: Us 257 And US 322

TRAFFIC COUNT: 12,000

Page 2: RETAIL FOR SALE CRANBERRY MALL · 2017. 8. 1. · 6945 US 322, Cranberry, PA 16319 CRANBERRY MALL RETAIL FOR SALE KW COMMERCIAL 11269 Perry Highway Wexford, PA 15090 ROBERT HOZA Managing

www.kwcommercial.com

KW COMMERCIAL11269 Perry HighwayWexford, PA 15090

ROBERT [email protected]

DAVID [email protected] #01102638

PHILIP [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

6945 US 322, Cranberry, PA 16319

CRANBERRY MALL

RETAIL FOR SALE

Page 3: RETAIL FOR SALE CRANBERRY MALL · 2017. 8. 1. · 6945 US 322, Cranberry, PA 16319 CRANBERRY MALL RETAIL FOR SALE KW COMMERCIAL 11269 Perry Highway Wexford, PA 15090 ROBERT HOZA Managing

www.kwcommercial.com

KW COMMERCIAL11269 Perry HighwayWexford, PA 15090

ROBERT [email protected]

DAVID [email protected] #01102638

PHILIP [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

6945 US 322, Cranberry, PA 16319

CRANBERRY MALL

RETAIL FOR SALE

Page 4: RETAIL FOR SALE CRANBERRY MALL · 2017. 8. 1. · 6945 US 322, Cranberry, PA 16319 CRANBERRY MALL RETAIL FOR SALE KW COMMERCIAL 11269 Perry Highway Wexford, PA 15090 ROBERT HOZA Managing

www.kwcommercial.com

KW COMMERCIAL11269 Perry HighwayWexford, PA 15090

ROBERT [email protected]

DAVID [email protected] #01102638

PHILIP [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

* Demographic data derived from 2010 US Census

6945 US 322, Cranberry, PA 16319

CRANBERRY MALL

RETAIL FOR SALE

ETHNICITY 1 MILE 5 MILES 10 MILES

% HISPANIC 0.0% 1.1% 1.3%

RACE 1 MILE 5 MILES 10 MILES

% WHITE 99.1% 97.4% 96.6%

% BLACK 0.0% 0.2% 1.1%

% ASIAN 0.0% 0.1% 0.3%

% HAWAIIAN 0.3% 0.2% 0.1%

% INDIAN 0.0% 0.1% 0.0%

% OTHER 0.0% 0.0% 0.0%

POPULATION 1 MILE 5 MILES 10 MILES

TOTAL POPULATION 331 11,502 43,275

MEDIAN AGE 44.8 42.4 42.7

MEDIAN AGE (MALE) 46.1 41.1 41.5

MEDIAN AGE (FEMALE) 44.0 44.3 44.3

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

TOTAL HOUSEHOLDS 133 4,761 18,057

# OF PERSONS PER HH 2.5 2.4 2.4

AVERAGE HH INCOME $47,541 $45,064 $46,314

AVERAGE HOUSE VALUE $58,109 $66,368