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29324061
29324060

4609 Butler St, Pittsburgh, PA 15201 For Sale

CH
PA RS328735, VA 0225058095 (+1)
Commercial Real Estate Advisors
Listed by Commercial Real Estate Advisors
$2,850,000
193 days on market
Updated 14 days ago

4609 Butler Street

Details
Property Type Retail
Sub Type Restaurant
Square Footage 9,250
Cap Rate 7.58%
NOI $216,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 10
Price per SqFt $308
Broker Co-Op Yes
Year Built 1893
Buildings 1
Stories 2
Lot Size (SqFt) 8,688
Zoning Local Neighborhood Commercial
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback

Exceptional 100% Occupied Retail/Restaurant Investment in Pittsburgh’s Premier Submarket

Marketing description

Sale-Leaseback Opportunity | Flexible Terms | NNN Lease | Pittsburgh, PA

4609 Butler Street offers a unique sale-leaseback investment opportunity with the current owner-operator, Lawrence Hall, who will remain in place as tenant following closing. The lease will be structured on a NNN basis, providing investors with durable income and minimal management responsibility.

Lease terms are negotiable, allowing for customization around base rent, term length, escalations, and structure. In addition to a traditional NNN format, the tenant is open to a hybrid lease structure that includes percentage rent, offering potential upside participation aligned with business performance.

The property is located along Butler Street in Pittsburgh’s Lawrenceville corridor, an established and highly active urban submarket benefiting from continued redevelopment, strong foot traffic, and proximity to Downtown Pittsburgh and major transportation routes.

Investment highlights

Investment Highlights:

  • Sale-leaseback with existing owner/operator

  • NNN lease structure with flexible, negotiable terms

  • Tenant open to hybrid base + percentage rent structure

  • Long-term occupancy by experienced local operator

  • Strong urban infill location with sustained demand

  • Suitable for private investors, family offices, and 1031 exchange buyers

This offering provides an opportunity to acquire a well-located asset with aligned tenant economics and flexible lease structuring, appealing to investors seeking both stability and potential upside.

Additional details available upon request.

Listing Contacts

CH
PA RS328735, VA 0225058095 (+1)
Commercial Real Estate Advisors
Listed by Commercial Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$216,000.00
$18,000.00/mo

Valuation Metrics

0
DSCR
7.58%
Cap Rate
7.58%
ROI

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