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Property profile & analytics
FOR SALE
Strip malls

4070 Beechwood Blvd Pittsburgh, PA 15217

0.76 ac lot
Individually Owned 15-yr Hold ~ Est. High Equity
Property ID
US73-0646310
Property summary
AI-generated overview

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 profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 0.76 ac (33,302 SF)
APN 54-L-247
UPID US73-0646310
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kids Plus Pediatrics Medical Clinic
  • Melissa S. Jacobson, MSW Foster Care Service Social Service Agency
  • Springer Sarah H MD Pediatrician Medical Clinic
  • Dr. Lucas J. Godinez, DO Physician
  • Dr. Albert Wolf Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k
Owner & transaction history
Pedsmerc Ll C · 15 yrs held
Pedsmerc Ll C
since 2010
2 recorded transactions
2010
$1.8M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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