Forest Hills Plaza
Forest Hills Plaza | 3 Buildings with a Mix of Retail and Office Space
Marketing description
SVN Three Rivers Commercial Advisors is pleased to present Forest Hills Plaza for sale located at 2400 Ardmore Blvd, 2600 Ardmore Blvd, and 21 Yost Blvd in Forest Hills, PA. The property consists of 3 buildings with a mix of retail and office space.
The property sits on 5.48 acres with 642 surface parking spaces and 38 underground parking garage spaces. The location on Ardmore Blvd / Lincoln Hwy / Route 30 offers over 900’ of frontage and 24,065+ ADT. There is access by 7 curb cuts via Yost Blvd, 3 curb cuts from Ardmore Blvd, and 3 curb cuts from Rockwood Ave.
Forest Hills Plaza is located on Route 30 with great visibility in the Parkway East Corridor submarket. It is surrounded by large residential population and is on a bus line.
For more information and to submit CA for OM, visit http://properties.svn.com/ForestHillsPlaza
Investment highlights
Opportunity to purchase a well-maintained 3-building plaza
This property features 28,398 SF medical office tenants, 48,194 SF of retail space, and 69,040 SF of traditional office space
Major tenants include PNC Bank, UPMC, and Domino's
Additional upside to lease the vacant space and potentially increase rents as leases come due
Potential for UPMC to lease an additional approximately 10,000 SF at the two story office & retail plaza. Ownership has an assumable partnership agreement with IWG (Regus) for the entire 9th floor of the Office Tower
Property is shadow anchored by Aldi grocery story
Located in a dense retail corridor with strong local demographics
High visibility on Route 30 with over 24,000 ADT
Conveniently located near major highways, including I-376, making it easily accessible for both commuters and visitors
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