Retail Space with
For Sale
$990,000
4808 McKnight Rd, Pittsburgh, PA 15237
Multi-tenant retail space includes drive-through access, pylon signage, and on-site parking.
Property Size5,729 SF
Price / SF$172.81
Days on Market92
Property Features for 4808 McKnight Rd
General Information
Standard status
Active
Size
5,729 SF
Class
Unclassified
Total Parking Spaces
26
Property subtype
retail
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Building Details
Tenancy
Multi
Parking Ratio
5.26 per 1,000 SF
Properties For Sale
at 4808 McKnight Rd
Available Space
Immediately
Floor
1
Size
5,729 SF
Type
Retail
Listing Agency:
Pittsburgh
(610) 249-2255
Listed By:
Justin Walbert · License #RS339879
(724) 884-5050
Source:
Property.jll
Added: Jul 16
Changed: Oct 7
Last Checked: Oct 14 at 7:53PM
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 Pittsburgh
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Investment Insights
Based on property information with market context.
The retail property at 4808 McKnight Road in Pittsburgh is configured as a multi-tenant building with two drive-through lanes. Large pylon signage serves the McKnight Road frontage, while on-site parking supports customer and tenant access.
The property includes 26 parking spaces, identified at a ratio of 5.26/1,000 s.f. It is subject to a lease with a long-term Batteries Plus franchisee.
The property includes 26 parking spaces, identified at a ratio of 5.26/1,000 s.f. It is subject to a lease with a long-term Batteries Plus franchisee.
Key Highlights
- Multi‑tenant retail building at 4808 McKnight Rd, Pittsburgh, PA 15237
- Two drive‑thru lanes
- Large pylon signage on McKnight Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,411
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,328,220
$1.3M
Cap Rate 7%
$948,729
$948.7K
Cap Rate 9%
$737,900
$737.9K
Market Conditions
NOI Build-Up for 5,729 SF
Gross rent
$103.1K $18.00/SF
− Vacancy
−$8.2K −$1.44/SF
EGI
$94.9K $16.56/SF
− OpEx
−$28.5K −$4.97/SF
NOI
$66.4K $11.59/SF
Area
ZIP 15237
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,328,220
Cap Rate 7%
$948,729
Cap Rate 9%
$737,900
Alternative Uses
Best Use
Retail
$948.7K
$830.1K – $1.11M
NOI $66,411 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,719 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 18%
Home Improvements & Furnishings 10%
Apparel 2%
Applebee's
Dining
19,042 visits/mo
0.1 miles
Taco Bell
Dining
17,241 visits/mo
0.1 miles
Starbucks
Dining
10,074 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
6,905 visits/mo
0.1 miles
Arby's
Dining
6,832 visits/mo
0.1 miles
Demographics for 15237, PA
45,670
Population
19,332
Households
2.4
Avg Household Size
43
Median Age
58%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,895
Density / Sq Mi
$108,538
Median Household Income
$64,006
Median Earnings
$1,327
Median Rent
$306,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Pittsburgh, PA
Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant retail space includes drive-through access, pylon signage, and on-site parking.
Where is this retail space located?
The property is located at 4808 McKnight Rd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Multi‑tenant retail building at 4808 McKnight Rd, Pittsburgh, PA 15237; Two drive‑thru lanes; Large pylon signage on McKnight Road
