1000 Robinson Center Dr - Department Store FOR SALE


Pittsburgh, PA 15205
$6,500,000 USD
412-515-8521
1000 Robinson Center Dr, Pittsburgh, PA for Sale
$6,500,000 USD
Department Store - FOR SALE
1/6
null | Request Cap Rate

1000 Robinson Center Dr
Pittsburgh, PA 15205


HIGHLIGHTS

  • May be subdivided
  • 12.19 AC parcel
  • Connected to the Mall at Robinson, located in one of Pittsburgh's premier retail nodes
  • Situated off of I-376, just 10 minutes from the airport parkway, and approximately 11 miles from Downtown Pittsburgh
  • Heavy daytime foot traffic

OVERVIEW

Colliers is pleased to present a big-box opportunity in the heavily trafficked Robinson, PA area! Available for lease and sale is a 130,281 SF former Sears property and an 11,347 SF former Sears Auto Center, located at 1000 and 1500 Robinson Centre Dr. Situated just 25 minutes away from Downtown Pittsburgh, 30 minutes from The University of Pittsburgh, Carnegie Mellon University, Chatham Univerity, and 10 minutes from the Pittsburgh International Airport, Robinson, PA merges suburban comfort with bustling retail energy, boasting a thriving shopping district that includes The Mall at Robinson. This area is a prime retail node, offering a diverse mix of dining, entertainment, and shopping options with strategic, convenient access to the City of Pittsburgh through Route 60 and Interstate 376. The Mall at Robinson's reputation and retailers enhance its appeal for both businesses and consumers, making it a dynamic hub in the region's commercial landscape. This property is in the Mall at Robinson, which is an enclosed regional shopping center with more than 120 specialty shops. The property consists of +/- 872,000 SF of retail, restaurants, and entertainment, accumulating almost 800,000 monthly visitors. RetailState estimates the mall had 5.6 million visits in 2023 alone. Nearby retailers include the following: Dick's Sporting Goods, Macy's, JCPenney, TJ Maxx, Marshalls, Fine Wine & Good Spirits, HomeGoods, IKEA, Kohl's, McDonald's, Bank of America, Staples, Hobby Lobby, and more!  Property Specs: - SF: 130,281 SF former Sears + 11,347 SF former Sears Auto Center - # of stories: 2 - Tax Parcel #: 336 - P - 00045 - Zoning: C - 3 - Planned Commercial, allowing for a higher density and intensity of use compared to lower commercial or residential zones, including taller buildings, larger floor areas, and higher traffic volumes - Acreage: 12.19 acres - Premises Type: Anchor 7-Mile Radius Demographics: - Number of Households: 96,131 - Average Household Income: $108,904 - Population: 216,206

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

-

APN/PARCEL ID

0336-R-00025-0000-00

ASK ABOUT THIS PROPERTY

Mark AndersonColliersMore Info
412-515-8521

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Mark AndersonColliersMore Info
412-515-8521

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.