Retail Space with Basement
For Lease
$4,583/Mo NNN
5854 Forbes Avenue, Pittsburgh, PA 15217
CommercialLease, Pittsburgh, PA
Space Size2,000 SF
Lot Size0.32 Acres
Days on Market100
Property Features for 5854 Forbes Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
LNC
Zoning description
LNC
Subdivision
Squirrel Hill
Standard status
Active
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
8899
Amenities
dry basement storage
Listing Agency:
NULF REAL ESTATE
(412) 912-1128
Listed By:
Delaney Liu · License #RS362732
(717) 585-4518
Added: Jun 3
Changed: Sep 9
Last Checked: Sep 10 at 8:06AM
MLS# 1757991
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail space includes approximately 2000 SF on the main level and an additional 1800 SF of dry basement storage. The premises were previously built out as a beauty spa and can accommodate retail, office, wellness, medical, or service-oriented users. Zoning is LNC, and the property is offered under a Triple Net lease structure.
The property is located at 5854 Forbes Avenue in Pittsburgh’s Squirrel Hill business district, along a heavily traveled corridor with established restaurants, retailers, and surrounding residential neighborhoods. Access is convenient to Oakland, Shadyside, Carnegie Mellon University, the University of Pittsburgh, and 1-376.
The property is located at 5854 Forbes Avenue in Pittsburgh’s Squirrel Hill business district, along a heavily traveled corridor with established restaurants, retailers, and surrounding residential neighborhoods. Access is convenient to Oakland, Shadyside, Carnegie Mellon University, the University of Pittsburgh, and 1-376.
Key Highlights
- Approximately 2000 SF of main‑level space
- Additional 1800 SF of dry basement storage
- Previously built out as a beauty spa
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
Explore this area
Business Placement
Demographics for 15217, PA
26,851
Population
12,582
Households
2.1
Avg Household Size
36
Median Age
74%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
6,885
Density / Sq Mi
$91,695
Median Household Income
$55,890
Median Earnings
$1,412
Median Rent
$431,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Pittsburgh, PA
$15.97 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
7,756 SF
Avg Space Size
This space is priced 72% above the average of $15.97 /SF/Yr.
Vacancy Rate% for Retail in Pittsburgh, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Main-level commercial space with dry storage and NNN lease structure in an established business district.
Where is this retail space located?
The property is located at 5854 Forbes Avenue Pittsburgh, PA.
What is the lease rate?
The lease rate is $4,583/Mo.
What are key features of this property?
This property features: Approximately 2000 SF of main‑level space; Additional 1800 SF of dry basement storage; Previously built out as a beauty spa
