2866 Banksville Rd - Freestanding FOR SALE


Pittsburgh, PA 15216- Banksville
$2,635,990 USD
215-603-6914
2866 Banksville Rd, Pittsburgh, PA for Sale
$2,635,990 USD
Freestanding - FOR SALE
1/7
null | 6.75% Cap Rate

2866 Banksville Rd
Pittsburgh, PA 15216
Banksville


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.

OVERVIEW

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 9,000 square foot Goodwill of Southwestern Pennsylvania located on approximately 0.55 acres in Pittsburgh, Pennsylvania. Goodwill of Southwestern Pennsylvania operates more than 30 locations across Pennsylvania and West Virginia and generated over $82 million in revenue in 2023, demonstrating a strong and scalable operating platform. The tenant has been at this location since at least 2007 and most recently extended its lease in 2025, further reinforcing long-term commitment to the site.

FOR SALE DETAILS

PRICE

$2,635,990 USD

PRICE/SF

$293 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodwill | Pittsburgh, PA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

Commercial

APN/PARCEL ID

0036-R-00083-0000-00,0036-R-00171-0000-00

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.