Pittsburgh CollisionRight Investment
3015 Liberty Ave, Pittsburgh, PA 15201
For Sale
$3,173,463
9,500 SF NN+ property with 2.5% annual rent escalations.
Property Size9,500 SF
Price / SF$334.05
Days on Market228
Property Features for 3015 Liberty Ave
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Building Details
Year Built
Listed By:
Beryl Grant · License NY #10401381655, TN #356957
(615) 667-0095
Source:
Matthews
Added: Mar 27
Changed: Oct 26
Last Checked: Nov 8 at 2:12AM
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 Beryl Grant
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Investment Insights
Based on property information with market context.
Located in Downtown Pittsburgh, 3015 LIBERTY AVE is a 9,500 SF property anchored by CollisionRight. This purpose-built collision facility features a specialized build-out. The lease is structured as NN+ with 2.5% annual rent escalations. The property benefits from high visibility and strong daily traffic exposure. The surrounding area shows promising growth trends, with a rapidly expanding tenant backed by private equity. Over 520 new residential units are planned nearby, further solidifying the property's strategic position in a high-demand market. The property offers limited landlord responsibilities and a strong tenant base.
Key Highlights
- CollisionRight anchors the property, backed by private equity.
- NN+ lease structure with attractive 2.5% annual rent escalations.
- Located in Downtown Pittsburgh, offering high visibility and strong daily traffic exposure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,723
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,214,460
$2.2M
Cap Rate 7%
$1,581,757
$1.6M
Cap Rate 9%
$1,230,256
$1.2M
Market Conditions
NOI Build-Up for 9,500 SF
Gross rent
$171.0K $18.00/SF
− Vacancy
−$12.8K −$1.35/SF
EGI
$158.2K $16.65/SF
− OpEx
−$47.5K −$5.00/SF
NOI
$110.7K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,214,460
Cap Rate 7%
$1,581,757
Cap Rate 9%
$1,230,256
Alternative Uses
Best Use
Retail
$1.58M
$1.38M – $1.85M
NOI $110,723 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$766.5K
$670.7K – $894.3K
NOI $53,655 @ 7.0% cap · market cap 1.69%
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $211,788 @ 7.0% cap · market cap 6.67%
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
1,021
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 15201, PA
12,802
Population
7,970
Households
1.6
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
6,738
Density / Sq Mi
$86,049
Median Household Income
$59,987
Median Earnings
$1,538
Median Rent
$257,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Auto shops in Pittsburgh, PA
Properties on Market for Auto shops in Pittsburgh
Vacancy Rate% for Retail in Pittsburgh, PA
Similar Off Market Nearby
- Elusive Auto Shine — 1 Cedar Blvd, Pittsburgh, PA 15228
- Off Liberty Auto — 3233 W Liberty Ave, Pittsburgh, PA 15216
- #1 Cochran Hyundai of South Hills Parts & Service — 3220 W Liberty Ave, Pittsburgh, PA 15216
- Monro Auto Service And Tire Centers — 3145 W Liberty Ave, Pittsburgh, PA 15216
- #1 Cochran Nissan of South Hills Parts & Service — 3200 W Liberty Ave, Pittsburgh, PA 15216
Frequently Asked Questions
What type of property is this?
Auto shop - 9,500 SF NN+ property with 2.5% annual rent escalations.
Where is this auto shop located?
The property is located at 3015 Liberty Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $3,173,463.
What are key features of this property?
This property features: CollisionRight anchors the property, backed by private equity.; NN+ lease structure with attractive 2.5% annual rent escalations.; Located in Downtown Pittsburgh, offering high visibility and strong daily traffic exposure.
