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Shadyside Office Building For Rent
For Lease
$35 SF/Yr

5401 Walnut Street, Pittsburgh, PA 15232

18,390 SF office building in Shadyside retail district.

Property Size4,250 SF
Days on Market253

Property Features for 5401 Walnut Street

General Information

Standard status Active
Size 4,250 SF
Property subtype Office
Listing Agency: CBRE | Pittsburgh
Listed By: Andrew Miller
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 2 at 4:10AM

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 CBRE | Pittsburgh

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

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

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

$29.27 /SF/Yr
Avg Asking Price
$16–$50 /SF/Yr
Price Range
94,112 SF
Avg Space Size

This space is priced 20% above the average of $29.27 /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
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
More about this property
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