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    4070 Beechwood Blvd Pittsburgh, PA 15217

    Sponsored
    For Sale
    $4,250,000

    12,000 SF Pharmacy, High-Demand Location

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,000-square-foot retail property, located at 4070 Beechwood Boulevard in Pittsburgh, Pennsylvania, presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2020, this single-tenant building boasts high-quality medical finishes and is currently leased to a nationally recognized pediatric healthcare provider under a triple-net lease. The property sits on a 0.76-acre lot and offers ample parking with 50 spaces. Its strategic location in the desirable Squirrel Hill neighborhood, bordering Oakland and Greenfield, provides exceptional access to major roadways, including I-376 and the Greenfield Bridge, ensuring convenient access to Downtown Pittsburgh and Oakland. The property is zoned LNC (Local Neighborhood Commercial) and benefits from strong demographics, including high average household income and a significant population of graduate and postgraduate residents. The asking price is $4,250,000, translating to $354.17 per square foot. This investment offers a rare chance to acquire a well-maintained, high-performing asset in a thriving Pittsburgh submarket. The tenant's award-winning reputation and long-term lease further enhance the property's value and stability. This is a turnkey investment ready for immediate income generation.

    Property Features for 4070 Beechwood Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    12,000 SF
    Lot Size
    33,106 SF

    Building Details

    Year Built/Renovated
    1970/2020

    HighLights

    • Single‑tenant, net‑leased medical retail building in desirable Squirrel Hill.
    • Ample on‑site parking.
    • 11,000 SF, triple‑net leased to a national pediatric healthcare provider.
    • Convenient access to Oakland via Greenfield Bridge and I‑376.
    • Minutes from Downtown Pittsburgh.
    • Strong demographics: high population density, high average household income, and a significant number of graduate/post‑graduate residents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kids Plus Pediatrics Medical Clinic Melissa S. Jacobson, ... Social Worker Springer Sarah H ... Pediatrician Dr. Lucas J. ... Doctor Dr. Albert Wolf Pediatrician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.938319
    Latitude
    40.4273247

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    FAQs

    What type of property is this?
    Individual retail property - 12,000 SF Pharmacy, High-Demand Location
    Where is this individual retail property located?
    The property is located at 4070 Beechwood Blvd Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: Single-tenant, net-leased medical retail building in desirable Squirrel Hill.; Ample on-site parking.; 11,000 SF, triple-net leased to a national pediatric healthcare provider.
    Request Owner's contact information
    4070 Beechwood Blvd Pittsburgh, PA 15217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4070 Beechwood Blvd Pittsburgh, PA 15217
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