Monroeville, PA
Monroeville, PA
- Located in Monroeville, which is the only location in Pittsburgh's eastern suburbs where three major highways (I-376, I-76 and US-22) converge, providing an inherent regional draw rather than reliance on local traffic alone.
- Placer.ai ranks the property 2nd within a 50-mile radius and in the top 10% of all locations nationwide (485K Visits), a strong indicator of consistent customer traffic.
- Located 2.5 miles east, Bechtel Plant Machinery recently executed a lease for 387,000 square feet at The Next Tier Connect complex, a move expected to bring 1,000 jobs by mid-2029 to the area.
- The store operates a MinuteClinic & HealthHub, CVS Health's retail medical clinic offering vaccinations, lab testing and treatment of common illnesses, driving additional daily traffic and prescription volume.
- This CVS has no rent holiday featured and has ten (5-year) options with 5% rent increases in each option period.
We are pleased to market for sale the CVS located at 3893 William Penn Highway in Monroeville, PA (the "Property"). CVS has been successfully operating at this location since 2010 and has 8 years remaining before the option periods. The lease includes ten (5-year) renewal options, with 5% rental increases at the beginning of each option period.
Located in Monroeville, the Property benefits by being situated in a true retail/commercial hub for Pittsburgh's eastern suburbs, pulling shoppers and business from Plum, Murrysville, Penn Hills, and the whole US-22 corridor. Positioned at the junction of I-376, I-76, and US-22, the Property benefits from an uncommon three highway convergence that generates regional visibility and traffic, not just local demand.
According to Placer.ai, the store ranks in the top 10% for CVS locations nationwide in foot traffic with 485,000 visits per year and is the second most visited CVS property within a 50-mile radius reflecting a strong customer draw.
The area's growth is further supported by Bechtel Plant Machinery, a contractor for the U.S. Navy's Naval Nuclear Propulsion Program who in May of 2026, signed a lease for 387,000 square feet at The Next Tier Connect complex located 2.5 miles east of the Property, a move expected to bring 1,000 jobs to the area by mid-2029.



