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    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pedsmerc Ll C · 15 yrs held
    Pedsmerc Ll C
    since 2010
    2 recorded transactions
    2010
    $1.8M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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