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Heights Plaza Shopping Plaza 1732-1862 Freeport Rd

168,962 SF Retail Building Natrona Heights, PA 15065 For Sale

Executive Summary

We are delighted to offer a premier investment opportunity in a thriving retail hub. This 370,825-square-foot shopping plaza features a strong mix of national and regional tenants, including Big Lots, AHN, Planet Fitness, Community Super Market, UPMC, Davita, Allegheny Valley Health System, Subway, and J & S Pizza, ensuring significant foot traffic and stable rental income. The presence of several empty spaces offers a unique value-add opportunity for investors to enhance income potential by attracting additional tenants. This dynamic property, with its established retailers, essential services, and dining options, is an outstanding investment opportunity. It sits with convenient access to Route 28 and the main stoplight entrance to the shopping plaza and is located on a 0.32-acre parcel. Nearby retailers include McDonald's, Wendy's, BP, Eat n' Park, Arby's, Dairy Queen, Burger King, Sheetz, and more!
Heights Plaza is a prominent 370,000-square-foot shopping center on approximately 28 acres in Harrison Township, Pennsylvania. Investors have the potential to invest in Heights Plaza as a single property, or as individual buildings based on a buyer's investment criteria.
We are offering four availabilities within the Plaza, which features a diverse mix of anchor tenants, including Community Market, UPMC, Big Lots, AHN, and Planet Fitness. The availabilities include the following: a 370,825 SF shopping center, a 39,545 SF strip center, a Wendy's and Dollar Bank drive-thru parcel, and the potential for two separate development parcels available for expansion, with approximately four acres in the northeast corner of the site that offers significant development potential for senior housing, multi-family residential, or medical and retail uses, as well as a half-acre out parcel available at the main entrance. Natrona Heights features exceptional demographics, as well as convenient location access to Route 28.
For additional site or sale information, please reference our brochure or contact our brokers Mark Anderson or Jonathan Levinson!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
168,962 SF
Building Class
C
Year Built/Renovated
1955/2014
Tenancy
Multiple
Number of Floors
1
Loading Docks
6 Exterior
Building FAR
0.14
Land Acres
26.76 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
1,750 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
1,908 ft on Broadway Blvd

Amenities

  • Signalised Intersection

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • -
  • 23,280 SF
  • -
  • -

For decades, the hospitals of Allegheny Health Network, based in Pittsburgh, PA and founded in 2013, has been providing people with exceptional healthcare. Care that helps people to live healthy lives and care that they deliver throughout their lifetimes. Today, they continue this tradition by using the latest medical innovations to treat their patients. Gaining knowledge through research to constantly improve how they prevent, diagnose and treat illness. And staffing their hospitals with experienced, expert and compassionate physicians, nurses and other health-care professionals who are dedicated to medicine, people and healing.

  • -
  • 17,803 SF
  • -
  • -

For decades, the hospitals of Allegheny Health Network, based in Pittsburgh, PA and founded in 2013, has been providing people with exceptional healthcare. Care that helps people to live healthy lives and care that they deliver throughout their lifetimes. Today, they continue this tradition by using the latest medical innovations to treat their patients. Gaining knowledge through research to constantly improve how they prevent, diagnose and treat illness. And staffing their hospitals with experienced, expert and compassionate physicians, nurses and other health-care professionals who are dedicated to medicine, people and healing.

  • -
  • 4,500 SF
  • -
  • -

The ability to help others “do” has been the cornerstone of Dollar Bank since they opened their doors in 1855. It’s a belief in empowerment, that every customer and community they serve in Ohio, Pennsylvania and Virginia has a path to better possibilities before them. And that it’s their mission to help them get there. Their commitment to helping their customer “do” is what makes them different, too. It’s the reason they listen so earnestly, work to truly understand their needs and consistently deliver the solutions that prioritize their wellbeing above all else.

  • -
  • 4,640 SF
  • -
  • -

Vinnie & Tony opened J & S Pizza in the 1970's in the Highlands Mall (Where Walmart is currently) and has been a staple in the area ever since. For 40 years folks have been coming in to visit with their favorite pizza owner, grab some delicious food and enjoy a fantastic family atmosphere. Along the way, the success of J & S Pizza has relied on never changing. Never changing the quality of their product, the character of their staff and most of all, never changing the quality of our service to you, our customers. That's something that the owners Vinnie and Cathy have cultivated over the years by talking and listening to the loyal customers that have made them the #1 Pizza Shop in the area. Welcome to J & S Pizza! Vinnie & Cathy

  • -
  • 3,500 SF
  • -
  • -

At Lung & Wellness Centers, they encourage and teach their patients to effectively manage their lung disease and reduce the effects of their symptoms so that they can regain their optimal level of activity with decreased shortness of breath. It’s their passion to provide their patients with the ultimate level of individualized care to help them achieve independence and enhance their quality of life through rehabilitation, education, and disease management in a caring environment.

  • -
  • 1,850 SF
  • -
  • -

Nail Care/Waxing/Facial/Eyelash Extenion for Ladies & Gentlemen

  • Office Of State Senator Lindsey M. Williams
  • -
  • 1,000 SF
  • -
  • -
  • -
  • 22,000 SF
  • -
  • -

Planet Fitness was founded in 1992, in Dover, NH. In the beginning, it operated much like every other gym in its small hometown and catered to the same small percentage of the population in the U.S. who worked out and belonged to a health club. So they completely changed the gym environment, both in attitude and format, creating the non-intimidating, low-cost model that has revolutionized the gym industry. Planet Fitness became known as the “Judgement Free Zone®” – a welcoming and friendly community where people could feel comfortable regardless of their fitness level.

  • -
  • 1,150 SF
  • -
  • -

Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.

  • -
  • 10,804 SF
  • -
  • Nov 2012

UPMC is a world-renowned, nonprofit health care provider and insurer committed to delivering exceptional, people-centered care and community services. Headquartered in Pittsburgh and affiliated with the University of Pittsburgh Schools of the Health Sciences, UPMC is shaping the future of health through clinical and technological innovation, research, and education. Dedicated to advancing the well-being of diverse communities, they provide nearly $2 billion annually in community benefits, more than any other health system in Pennsylvania.

Tenant Industry SF OCCUPIED RENT/SF Lease End
- 23,280 SF - -
- 17,803 SF - -
- 4,500 SF - -
- 4,640 SF - -
- 3,500 SF - -
- 1,850 SF - -
Office Of State Senator Lindsey M. Williams - 1,000 SF - -
- 22,000 SF - -
- 1,150 SF - -
- 10,804 SF - Nov 2012

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 500-70,000 SF
  • Retail
  • -
  • 30 Days

Regional Shopping Center Size of Center: 380,000 Square Feet Zoning: (C-1) Commercial Traffic Count: 16,675 vehicles per day Parking: Approximately 1,750 parking spaces Tenant Mix

Space Size Space Use Position Available
1st Floor 500-70,000 SF Retail - 30 Days

1st Floor

Size
500-70,000 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 500-70,000 SF
Space Use Retail
Position -
Available 30 Days

Regional Shopping Center Size of Center: 380,000 Square Feet Zoning: (C-1) Commercial Traffic Count: 16,675 vehicles per day Parking: Approximately 1,750 parking spaces Tenant Mix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1519-G-00180-0000-00
Land Assessment
£2,370,030
Improvements Assessment
£2,275,229
Total Assessment
£4,645,259
  • Listing ID: 32504932

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 1732-1862 Freeport Rd, Natrona Heights, PA 15065

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