5770 Butler St
Mixed Use | 7.11% CAP | 15,600 SqFt
Marketing description
Colliers is pleased to present the opportunity to acquire 5770 Butler Street, a fully leased commercial property located in the heart of Upper Lawrenceville, one of Pittsburgh’s most vibrant and rapidly transforming neighborhoods. The property is currently occupied by a diverse mix of tenants including Arsenal Strength, Cry Baby Tattoo, Casper Ectoplasm, and Dirk’s Car Wash, offering multiple income streams, a weighted average lease term (WALT) of 7.53 years, and attractive annual rental increases across the tenant base. 5770 Butler Street offers prominent frontage along a high-traffic corridor and is situated just minutes from UPMC Children’s Hospital, the 62nd Street Bridge, and the amenity-rich core of Central Lawrenceville. Zoned Urban Industrial (UI), the site provides long-term flexibility for adaptive reuse or redevelopment in alignment with the neighborhood’s continued growth and demand. This offering presents investors with the opportunity to acquire a stabilized, income-producing asset in one of Pittsburgh’s most dynamic urban corridors, with long-term upside through organic rent growth and evolving land use potential.
Investment highlights
Tenants pay utilities
Attractive rental increases
Long term tenancy
High-visibility location
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