Listing Agency: CBRE | Pittsburgh a***@cbre.com Show Phone

Listed By: Andrew Miller Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 14 Last Checked: Aug 22 at 11:48AM

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Investment Insights

Based on property information with market context.

This 18,390 square foot office building, constructed in 1987, is situated in the central retail area of Shadyside. The property offers 4,250 square feet of space and is available for rent.

Key Highlights

• 18,390 square foot office building
• Located in the heart of the Shadyside retail district
• Built in 1987

Property Analytics

Property Profile

Current Use

Mistica Rose LaBrasca, ... Physician Moda Clothing & Fashion Store Chase ATM Atm Chase Bank Bank Eva Marie Haddad, ... Physician

Suggested Use

Top Pick Electrical Service Law Firm HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$5.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,695

Businesses Nearby

Explore this area Business Placement

Demographics for 15232, PA

12,042

Population

6,740

Households

1.8

Avg Household Size

29

Median Age

81%

College-Educated

99%

High-School Grad

0.8 sq mi

ZIP Area

15,053

Density / Sq Mi

$66,139

Median Household Income

$40,158

Median Earnings

$1,388

Median Rent

$522,000

Median Home Value

Market

Lease Benchmarks for Pittsburgh, PA

$28.88 /SF/Yr

Avg Asking Price

$16–$50 /SF/Yr

Price Range

38,849 SF

Avg Space Size

This space is priced 21% above the average of $28.88 /SF/Yr.

Vacancy Rate% for Office in Pittsburgh, PA

10.2% 2019

12.2% 2020

14.6% 2021

13.9% 2022

16.1% 2023

17.5% 2024

17.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - 18,390 SF office building in Shadyside retail district.

Where is this office building located?

The property is located at 5401 Walnut Street Pittsburgh, PA.

What is the lease rate?

The lease rate is $35 SF/Yr.

What are key features of this property?

This property features: 18,390 square foot office building; Located in the heart of the Shadyside retail district; Built in 1987