3578 & 3582 Brodhead Road, Monaca, PA, 15061
3578 & 3582 Brodhead Road
Key Information
Highlights
• Value-Add Lease-Up Potential – High yielding asset with upside. Currently 69% leased, the asset offers a clear value-add opportunity through lease-up of remaining vacancies and stabilization with longer-term lease structures.
• Below Replacement Cost – The property offers an attractive entry basis of $80 per square foot at the list price, giving buyers the opportunity to acquire this high-yielding asset well below replacement cost.
• Below Market Rents – Most of the subject tenants are paying a below market rent and have leased space at the property for 10+ years showing a commitment to this location.
• Established Medical Tenant Base – Majority occupancy by medical users, who typically demonstrate high retention due to significant build-out costs and patient continuity concerns. Medical tenancy contributes to long-term stability and is historically resilient to economic downturns, e-commerce disruption, and health crises.
• High Visibility Along Broadhead Road – Over 300 feet of frontage along Brodhead Road with daily traffic counts exceeding 13,500 vehicles, offering prominent exposure and strong ingress/egress.
• Ample Parking to Support Medical Use – Features a 4.0/1,000 SF parking ratio, well-suited for healthcare tenants with higher parking requirements.
• Proximity to Major Retail Corridor – Located within one mile of Monaca, PA’s primary retail hub, anchored by national retailers and hospitality tenants that include Walmart, Lowe’s, Target, Hilton, IHG hotels and more
• Excellent Regional Connectivity – Strategically positioned less than one mile from Highway 376 and Route 18, with combined traffic counts exceeding 55,000 vehicles per day, facilitating convenient access for patients, employees, and visitors.
• Recent Capital Improvements – Ownership has recently completed over $150,000 in key upgrades including new HVAC units, interior renovations of vacant suites, refreshed common areas, and new roofs (2022), reducing near-term capital needs
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