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31136223
31136224

110 Beverly Rd, Pittsburgh, PA 15216

MP
PA RS296875, WV WV0029937
Newmark
Listed by Newmark
$1,595,000
84 days on market
Updated 84 days ago

Investment Property: Atria's Building for Sale - Mt. Lebanon

Details
Property Type Retail
Sub Type Bar, Restaurant (+1)
Square Footage 4,200
Cap Rate 7.50%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Price per SqFt $380
Year Built 1900
Year Renovated 2025
Buildings 1
Stories 2
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback

NNN Lease / Sale-Leaseback / Proven Operator / 2025 Renovation

Marketing description

Presenting a rare, investment opportunity at 110 Beverly Road, the birthplace and long-standing home of the iconic Atria’s restaurant. Nestled in the highly coveted, affluent community of Mount Lebanon, this premier asset offers a secure, long-term sale-leaseback structure with a legacy operator and NNN lease. Following a comprehensive 2025 renovation, the property represents a turnkey, investment with history of strong sales and loyal customer base, this offering provides investors with immediate, predictable cash flow backed by a proven local institution in a high-barrier-to-entry market.

Investment highlights

  • Asking: $1,595,000

  • NNN Lease / Sale-Leaseback / 2025 Renovation

  • Proven Operator with Long Operating History and Loyal Customer Base

  • Seller will Execute a Ten (10) NNN year lease upon closing

  • Rent shall be based on 7.5% cap rate with 2% annual rent increases

  • Mt. Lebanon location is one of the region’s most affluent neighborhoods

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Listing Contacts

MP
PA RS296875, WV WV0029937
Newmark
Listed by Newmark

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Additional Information

Name
Martin Perry
License
RS296875
Brokerage
Newmark
Brokerage Phone
412-310-2315
Title
Senior Managing Director
Brokerage Address
210 Sixth Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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