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
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