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Advance Auto Parts - Pittsburgh, PA 1445 Babcock Blvd 12,550 SF 100% Leased Retail Building Pittsburgh, PA 15209 $1,114,160 ($88.78/SF) 7.50% Cap Rate
Investment Highlights
- Located on the Upper East Side of Pittsburgh, 5 miles from Downtown.
- Local Pittsburgh tenant that has been at this location for over 18 years, occupying all 3 garages.
- Situated along Babcock Boulevard, a high-traffic corridor with ~23,000 VPD and a 5-mile population of 296,020, delivering strong customer exposure.
- Advance has ~4 years remaining on its lease and has been operating at this location for over 20 years.
- Rick Britenbaugh Auto Body is on a month-to-month lease at $24,000 annually ($5.56 PSF), well below market. The site includes three garages.
- Recent capital improvements include resealing and re-striping of the parking lot in 2025 & two HVACs were replaced in 2024.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 12,550 SF Advance Auto Parts located at 1445 Babcock Boulevard in Pittsburgh, PA. The property features a two-tenant auto service and retail asset occupied by Advance Auto Parts and Rick Britenbaugh Auto Body. Positioned along the highly trafficked Babcock Boulevard corridor, the site benefits from approximately 23,000 vehicles per day, strong surrounding population density, and excellent visibility. This strategic location provides consistent consumer traffic and long-term retail exposure, making it an attractive investment opportunity in a well-established automotive retail corridor.
In Cooperation With Sands Investment Group Pennsylvania, LLC - Lic. PA #RB069072 - BoR: Tom Gorman - Lic. PA #RM424383
In Cooperation With Sands Investment Group Pennsylvania, LLC - Lic. PA #RB069072 - BoR: Tom Gorman - Lic. PA #RM424383
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,550 SF
Building Class
C
Year Built/Renovated
1988/2025
Price
$1,114,160
Price Per SF
$88.78
Cap Rate
7.50%
NOI
$83,532
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.29 AC
Parking
14 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
168’ on Babcock Blvd
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Advance Auto Parts
- Retailer
- 8,230 SF
- $7.23
- Double Net
- Nov 2029
- Rick Britenbaugh Auto Body
- Retailer
- 4,320 SF
- $5.56
- Double Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Advance Auto Parts | Retailer | 8,230 SF | $7.23 | Double Net | Nov 2029 | |
| Rick Britenbaugh Auto Body | Retailer | 4,320 SF | $5.56 | Double Net | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0165-F-00008-0000-00 | Improvements Assessment | $415,000 |
| Land Assessment | $60,900 | Total Assessment | $475,900 |
Property Taxes
Parcel Number
0165-F-00008-0000-00
Land Assessment
$60,900
Improvements Assessment
$415,000
Total Assessment
$475,900
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Advance Auto Parts - Pittsburgh, PA | 1445 Babcock Blvd
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