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5432 Walnut St 4,092 SF of Retail Space Available in Pittsburgh, PA 15232
Highlights
- Second-generation restaurant space featuring a vestibule entrance
- Dense, affluent residential population in the immediate trade area
- Rare leasing opportunity in one of Pittsburgh’s most sought-after retail corridors
- Close proximity to major universities and medical institutions
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
The 3 spaces in this building must be leased together, for a total size of 4,092 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, 2nd Floor, 3rd Floor | 4,092 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, 2nd Floor, 3rd Floor
The 3 spaces in this building must be leased together, for a total size of 4,092 SF (Contiguous Area):
NAI Burns Scalo is pleased to present 5432 Walnut Street, located in the highly sought-after Shadyside neighborhood of Pittsburgh, for lease. This prime retail opportunity is positioned along Walnut Street, one of Pittsburgh’s premier shopping and dining corridors featuring a strong mix of national retailers, local boutiques, and high-traffic restaurants. The location benefits from exceptional visibility, consistent foot traffic, and a vibrant pedestrian-friendly environment. Surrounded by a dense and affluent residential population, as well as close proximity to major universities and medical institutions, the property provides access to a built-in and diverse customer base. Second-generation restaurant space featuring a vestibule entrance. 3,196 SF Prime Restaurant Space + 896 SF Storage. The 2,303 SF first floor restaurant kitchen, bar and dining, 893 SF additional dining space and restrooms on second floor, 3rd floor storage area is 523 SF, and rear storage is 373 SF. Rare leasing opportunity in one of Pittsburgh’s most sought-after retail corridors. Dense, affluent residential population in the immediate trade area. Close proximity to major universities and medical institutions.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- 3,196 SF Prime Restaurant Space + 896 SF Storage
- Second-generation restaurant space
- Rare leasing opportunity in Shadyside
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,092 SF | Gross Leasable Area | 4,092 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Restaurant |
| Total Space Available | 4,092 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,092 SF |
| Year Built | 1900 |
About the Property
2,303 SF first floor restaurant kitchen, bar and dining, 893 SF additional dining space and restrooms on second floor, 3rd floor storage area is 523 SF, and rear storage is 373 SF
- Bus Line
Nearby Major Retailers
Contacts
-
Andreas Kamouyerou -
Michael Kamouyerou -
SVN - Three Rivers Commercial Advisors
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5432 Walnut St
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