Updated Mar 29, 2026
Billionaire Buyers Club Acquires Retail Property In Monroeville For $9M With Broker Michael Steinberg
$9,000,000
$360/SF
Building Size
25,000 SF
Asset Type
Retail
Closing
Mar 25, 2026
About this deal
AI
The asset involved in this transaction is a retail property located in Monroeville, PA. It was sold for $9,000,000, encompassing a total area of 25,000 square feet, which translates to a price per square foot of $360.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,000,000
- Square Footage: 25,000
- Price per Square Foot: $360
- Buyer: Billionaire Buyers Club
- Broker: Michael Steinberg - HedgeStone Commercial
- Date of Sale: 3/25/2026
- Market: Monroeville, PA
Michael Steinberg represented HedgeStone Commercial in facilitating this transaction for the Billionaire Buyers Club. This deal reflects the involvement of a notable buyer and broker in the retail sector within the Monroeville market.
Players
Market 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93