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2866 Banksville Rd
Pittsburgh, PA 15216 Banksville

$2,635,990 USD

Freestanding For Sale  •  9,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,000 SF
  • Lot Size 0.55 AC
  • Building Class B
  • Year Built 1962
  • Cap Rate 6.75 %
  • Tenancy Multiple
  • Zoning Commercial
40 Transit Score
60 Walk Score

Highlights

Long-term occupancy by Goodwill of Southwestern Pennsylvania, with lease extended in 2025, reinforcing tenant commitment since at least 2007.
Creditworthy regional nonprofit tenant with 35+ locations and over $77M in annual revenue.
Built-in rent escalations including a 3.17% increase in 2027 and at least 2% annual increases thereafter.
High-visibility location on Banksville Road (26,000+ VPD), less than 4 miles from Downtown Pittsburgh.
Strong surrounding retail corridor with national tenants including ALDI, Starbucks, PNC Bank, Wingstop, and Sheetz redevelopment nearby.
Strong demographics with average household incomes exceeding $102,000 across the 1-, 3-, and 5-mile trade areas.
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Goodwill 10/31/2030

Amenities

  • Freeway Visibility
  • Pylon Sign

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: 22
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.