DTLR Storefront with Net
For Sale
Contact for pricing
6113 Penn Avenue, Pittsburgh, PA 15206
Occupied by DTLR under a lease extension running through May 2036.
Property Size4,480 SF
Price / SF$416.88
Days on Market100
Property Features for 6113 Penn Avenue
General Information
Standard status
Active
Size
4,480 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Net
Investment Type
Net Lease
Net Operating Income
$149,408
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Pittsburgh
Listed By:
Kyle Prawdzik · License #PA RS305573
(412) 995-3810
Source:
Crexi
Added: Jul 8
Changed: Oct 13
Last Checked: Oct 14 at 10:00PM
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
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Investment Insights
Based on property information with market context.
This 4,480-square-foot storefront property is occupied by DTLR, a lifestyle retailer focused on streetwear, sportswear, and sneakers. The tenant has operated at the site since 2016 and recently extended its lease for an additional 10-year term ending in May 2036. The lease is structured as a net lease.
The property is located at 6113 Penn Avenue in Pittsburgh’s East End submarket. Surrounding commercial and mixed-use development includes an adjacent Target, East Side Bond, Meridian, and Bakery Square, a 1.2 MSF live-work-play destination that includes Google’s Pittsburgh headquarters. The area also includes Giant Eagle Market District, Ophelia’s 231-unit multifamily development, Duolingo’s headquarters, and a Whole Foods market.
The East End setting places the storefront within an established Pittsburgh submarket with multiple nearby retail, employment, residential, and mixed-use projects.
The property is located at 6113 Penn Avenue in Pittsburgh’s East End submarket. Surrounding commercial and mixed-use development includes an adjacent Target, East Side Bond, Meridian, and Bakery Square, a 1.2 MSF live-work-play destination that includes Google’s Pittsburgh headquarters. The area also includes Giant Eagle Market District, Ophelia’s 231-unit multifamily development, Duolingo’s headquarters, and a Whole Foods market.
The East End setting places the storefront within an established Pittsburgh submarket with multiple nearby retail, employment, residential, and mixed-use projects.
Key Highlights
- 4,480‑square‑foot storefront property at 6113 Penn Avenue, Pittsburgh, PA 15206
- Occupied by DTLR, a streetwear, sportswear, and sneaker retailer
- Tenant has operated at the property since 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,214
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,280
$1.0M
Cap Rate 7%
$745,914
$745.9K
Cap Rate 9%
$580,156
$580.2K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$80.6K $18.00/SF
− Vacancy
−$6.0K −$1.35/SF
EGI
$74.6K $16.65/SF
− OpEx
−$22.4K −$5.00/SF
NOI
$52.2K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,280
Cap Rate 7%
$745,914
Cap Rate 9%
$580,156
Alternative Uses
Best Use
Retail
$745.9K
$652.7K – $870.2K
NOI $52,214 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M
NOI $99,875 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,876
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15206, PA
28,774
Population
17,004
Households
1.7
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
4.8 sq mi
ZIP Area
5,995
Density / Sq Mi
$69,906
Median Household Income
$49,009
Median Earnings
$1,284
Median Rent
$288,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Pittsburgh, PA
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Storefront property - Occupied by DTLR under a lease extension running through May 2036.
Where is this storefront property located?
The property is located at 6113 Penn Avenue Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,867,600.
What are key features of this property?
This property features: 4,480‑square‑foot storefront property at 6113 Penn Avenue, Pittsburgh, PA 15206; Occupied by DTLR, a streetwear, sportswear, and sneaker retailer; Tenant has operated at the property since 2016
