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The Niki Group Acquires 38,203 Square Foot Retail Center In Bridgeville For $10.6 Million

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SOLD
$10,600,000

Pennsylvania

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Retail38,203 SF
Sold 07/17/2025
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SOLD

The Niki Group Acquires 38,203 Square Foot Retail Center In Bridgeville For $10.6 Million

3011 Washington Pike

See Similar Deals
Retail38,203 SF
Sold 07/17/2025
Contact now

Summary

PENNSYLVANIA
Asset Type:Retail
Price Per Square Foot:$277
Total Square Footage:38,203 SF
Transaction Type:Sale

The Niki Group acquired a retail center known as The Crossings at South Fayette, located at 3011 Washington Pike in Bridgeville, PA. The transaction was completed on July 17, 2025, for a price of $10,600,000. The asset encompasses a total area of 38,203 square feet, which translates to a price per square foot of $277.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $10,600,000
  • Sale Date: 07/17/2025
  • Square Footage: 38,203
  • Price Per Square Foot: $277
  • Address: 3011 Washington Pike
  • Market: Bridgeville, PA
  • Buyer: The Niki Group
  • Broker Representatives: Dean Zang & David Crotts - Marcus & Millichap

Dean Zang and David Crotts of Marcus & Millichap represented the local seller in this transaction and were responsible for sourcing the buyer. Tenants at the retail center include ALDI, Starbucks, and Chipotle.

Players

Dean Zang
17 deals$183.7M volume
BROKER

David Crotts
Institutional Property Advisors
17 deals$183.7M volume
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: 07/17/2025 ADDRESS: 3011 Washington Pike MARKET: Bridgeville, PA ASSET TYPE: Retail BUYER: The Niki Group BROKERS: Dean Zang & David Crotts - Marcus & Millichap SALE PRICE: $10,600,000 SF: 38,203 ~ PPSF: $277 NOTE: The Niki Group acquired The Crossings at South Fayette, a 38,203-square-foot retail center in Bridgeville, PA, for $10.6 million. Marcus & Millichap’s Dean Zang and David Crotts represented the local seller and sourced the buyer, with ALDI, Starbucks, and Chipotle among the tenants. Millichap

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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