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2858 Banksville Rd
Pittsburgh, PA 15216 Banksville

$1,520,174 USD

Storefront For Sale  •  10,132 SF

Property Details

  • Property Type Storefront
  • Total Building Size 10,132 SF
  • Lot Size 0.48 AC
  • Building Class B
  • Year Built 1962
  • Cap Rate 7.65 %
  • Tenancy Single
40 Transit Score
50 Walk Score

Highlights

Investment-grade Dollar Tree, Inc. (S&P BBB rated) guarantees the lease, providing strong corporate credit support.
Approximately 5 years remaining on the current term, with two 5-year renewal options and ~4% rent increases in option periods.
Recently renovated asset (2021), including interior and electrical systems, reducing near-term capital expenditure needs.
Dense infill Pittsburgh location with strong population base: 20,000+ (1 mile), 140,000+ (3 miles), and 316,000+ (5 miles).
High-visibility corridor on Banksville Road (26,000+ VPD), less than 4 miles from Downtown Pittsburgh.
Strong retail corridor with national tenants including ALDI, Starbucks, PNC Bank, Wingstop, and Sheetz redevelopment activity nearby.
Cap Rate: 7.65 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar Tree 2/28/2031

Public Transportation

Commuter RailDriveWalkDistance
10 min - 4.6 mi
Transit/SubwayDriveWalkDistance
Potomac (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T")) 2 min 12 min 0.6 mi
Stevenson (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T")) 3 min 15 min 0.8 mi
Shiras (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T")) 3 min 15 min 0.8 mi
Neeld (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T")) 4 min 16 min 0.8 mi
Belasco (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T")) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Pittsburgh International 26 min - 15.7 mi
Arnold Palmer Regional 73 min - 46.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.