Miracle Mile Shopping Center
A retail property in Monroeville, Pennsylvania. Securitized in 1 CMBS deal in 2018.
$80.6MAppraised value (latest deal)
97.7%Occupancy
$5.4MUnderwritten NOI
6.7%Implied cap rate
- Address
- 4100 William Penn Highway, Monroeville, PA 15146
- Property type
- Retail · Anchored
- Year built
- 1954
- Size
- 45,000 SF
- Sponsor
- M & J Wilkow, Ltd.
- Loan purpose
- Acquisition
- Largest tenant
- LA Fitness
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $80.6M | 97.7% | $5.4M | 6.7% | $28.0M | 69.5% | 1.49x | 424B |
More CMBS properties in Pennsylvania →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.