For Sale
$4,250,000

4070 Beechwood Blvd Pittsburgh, PA 15217

12,000 SF Pharmacy, High-Demand Location

Overview

Added:
Dec 11, 2024
Days on market:
134
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.

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 Details for 4070 Beechwood Blvd

Property type
Retail properties, Drug stores
Square Feet
12,000 SF
Year Built/Renovated
1970/2020
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4273247
Longitude
-79.938319

FAQs

What type of property is this?
Retail property - 12,000 SF Pharmacy, High-Demand Location
Where is the 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4070 Beechwood Blvd
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