Beechwood Boulevard Investment
4070 Beechwood Blvd Pittsburgh, PA 15217
For Sale
Contact for pricing
Medical/retail/office building in Pittsburgh's Squirrel Hill neighborhood.
Property Size12,000 SF
Price / SF$329.17
Days on Market733
Property Features for 4070 Beechwood Blvd
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing Agency:
Buncher Realty Services
Listed By:
Gregg Broujos · License #PA - RM425188
Source:
Crexi
Added: Jul 22, 2024
Changed: Jul 10
Last Checked: Jul 24 at 3:26PM
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 Buncher Realty Services
Investment Insights
Based on property information with market context.
The property at 4070 Beechwood Boulevard presents an investment opportunity in a 12,000-square-foot building suitable for medical, retail, or office use. It is located in the Squirrel Hill neighborhood within the East End submarket of Pittsburgh.
Key Highlights
- Well‑positioned building suitable for medical, retail, or office use
- Located in the highly regarded Squirrel Hill neighborhood
- Situated in the East End submarket of Pittsburgh
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $270.7k | $22.56 |
| − Vacancy | −$66.3k | −$5.53 |
| EGI | $204.4k | $17.03 |
| − OpEx | −$51.1k | −$4.26 |
| NOI | $153.3k | $12.77 |
12,000 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.19M
$1.92M – $2.55M
NOI $153,295 @ 7.0% cap · market cap 3.88%
Second Best
Healthcare Medical
$2.08M
$1.82M – $2.42M
NOI $145,411 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$3.82M
$3.34M – $4.46M
NOI $267,522 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kids Plus Pediatrics
Medical Clinic
Melissa S. Jacobson, ...
Foster Care Service
Springer Sarah H ...
Pediatrician
Dr. Lucas J. ...
Physician
Dr. Albert Wolf
Pediatrician
Similar Off Market Nearby
- Greenfield Veterinary Hospital — 701 Hazelwood Ave, Pittsburgh, PA 15217
FAQs
What type of property is this?
Medical Office Space - Medical/retail/office building in Pittsburgh's Squirrel Hill neighborhood.
Where is this medical office space located?
The property is located at 4070 Beechwood Blvd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Well‑positioned building suitable for medical, retail, or office use; Located in the highly regarded Squirrel Hill neighborhood; Situated in the East End submarket of Pittsburgh
