Atria's Restaurant Sale-Leaseback
110 Beverly Rd, Pittsburgh, PA 15216
For Sale
Contact for pricing
Long-term NNN lease with established restaurant in Mount Lebanon.
Property Size4,200 SF
Price / SF$379.76
Days on Market237
Property Features for 110 Beverly Rd
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
Newmark
Listed By:
Martin Perry · License WV WV0029937
(412) 434-1031
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Jul 28 at 11:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property at 110 Beverly Road presents an investment opportunity as the long-standing home of Atria’s restaurant. Located in Mount Lebanon, this asset offers a long-term sale-leaseback structure with a NNN lease. The property, with a size of 4200 square feet, is to undergo a comprehensive renovation in 2025. The offering provides immediate cash flow backed by a local institution in a high-barrier-to-entry market.
Key Highlights
- Secure, long‑term sale‑leaseback structure with NNN lease.
- Located in the highly coveted, affluent community of Mount Lebanon.
- Legacy operator (Atria's restaurant) with a history of strong sales and loyal customer base.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,851
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,020
$1.1M
Cap Rate 7%
$812,157
$812.2K
Cap Rate 9%
$631,678
$631.7K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$80.6K $19.20/SF
− Vacancy
−$4.8K −$1.15/SF
EGI
$75.8K $18.05/SF
− OpEx
−$19.0K −$4.51/SF
NOI
$56.9K $13.54/SF
Area
Pittsburgh, PA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,020
Cap Rate 7%
$812,157
Cap Rate 9%
$631,678
Alternative Uses
Best Use
Specialty Retail
$812.2K
$710.6K – $947.5K
NOI $56,851 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,633 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15216, PA
22,966
Population
11,194
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
6,755
Density / Sq Mi
$81,542
Median Household Income
$48,674
Median Earnings
$1,078
Median Rent
$193,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Conventional restaurants in Pittsburgh
Vacancy Rate% for Retail in Pittsburgh, PA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Long-term NNN lease with established restaurant in Mount Lebanon.
Where is this conventional restaurant located?
The property is located at 110 Beverly Rd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Secure, long‑term sale‑leaseback structure with NNN lease.; Located in the highly coveted, affluent community of Mount Lebanon.; Legacy operator (Atria's restaurant) with a history of strong sales and loyal customer base.
