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5055 Library Road

Walmart Realty Acquires Bethel Park Shopping Center From Tabani Group For $39.6M
SOLDRetail

Walmart Realty Acquires Bethel Park Shopping Center From Tabani Group For $39.6M

5055 Library Road

$39,600,000

$195/SF

Building Size

202,358 SF

Asset Type

Retail

Closing

May 28, 2025

AI

The retail asset located at 5055 Library Road in Bethel Park, PA, has been sold for $39,600,000. This property boasts a total square footage of 202,358 and an average price per square foot of $196, and it is anchored by Walmart. The property was previously acquired by Tabani Group for $30.6 million earlier in the same year.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $39,600,000
  • Buyer: Walmart Realty
  • Seller: Tabani Group
  • Date of Sale: 05/28/2025
  • Market: Bethel Park, PA
  • Square Footage: 202,358
  • Price Per Square Foot: $196

This transaction saw Walmart Realty purchasing the Bethel Park Shopping Center, which experienced a 13% year-over-year increase in retail sales during the first quarter of 2025. The transaction was significant as it indicates ongoing investment interest in the retail sector in the area.

Players

W
WalmartBuyer
TG
Tabani GroupSeller

Bethel Park Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93