Pittsburg Plaza

808 Liberty Ave,
Pittsburgh, PA
Retail

Key Highlights

June 2024
Purchase Date
$2.9M
Purchase Price
11%
Target Avg. CoC
15,055
GLA Sq. Ft
380,242
Population (5Mile)
874,081
Avg. Income (5Mile)

Summary

Strategically located in Pittsburgh’s high-demand Central Business District on Liberty Avenue, this property enjoys premier visibility and accessibility.

With over $78 million in food and alcohol sales within a 1-mile radius, it ranks 1st in consumer spending.

The area hosts 20,000+ residents and 300,000+ employees within 3 miles, minutes from major landmarks like the University of Pittsburgh, PPG Paints Arena, PNC Park, Acrisure Stadium, and the David L. Lawrence Convention Center.

Situated in an affluent area with average household incomes exceeding $100,000, this property guarantees high foot traffic and optimal exposure along a major thoroughfare through Downtown Pittsburgh, the Strip District, Bloomfield, and Shadyside.Aligning with the target average cash-on-cash return of 11% and an impressive 10.72% internal rate of return (IRR), it offers a substantial equity multiple of 1.70.

Investment highlights

$100,000 Avg. Household Income

Affluent area the average household income exceeds $100,000 within a 1 mile radius of the site.

Strategic Location

Ideally located within Pittsburgh’s Central Business District on Liberty Avenue and steps from parking and public transit, Pittsburgh International Airport is a 26-minute drive away.

11% Target Avg. CoC Returns

"Target Avg CoC" denotes the sought-after average return on investment (ROI) over a set period. This property promises a potential 11% cash-on-cash return, reflecting its strong income relative to its market value.

Key Route through Pittsburgh

Liberty Avenue is a major thoroughfare that runs through Downtown Pittsburgh, the Strip District, Bloomfield, and ends in the neighborhood of Shadyside at its intersection with Centre Avenue and Aiken Avenue.
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Summary

Strategically located in Pittsburgh’s high-demand Central Business District on Liberty Avenue, this property enjoys premier visibility and accessibility.

With over $78 million in food and alcohol sales within a 1-mile radius, it ranks 1st in consumer spending.

The area hosts 20,000+ residents and 300,000+ employees within 3 miles, minutes from major landmarks like the University of Pittsburgh, PPG Paints Arena, PNC Park, Acrisure Stadium, and the David L. Lawrence Convention Center.

Situated in an affluent area with average household incomes exceeding $100,000, this property guarantees high foot traffic and optimal exposure along a major thoroughfare through Downtown Pittsburgh, the Strip District, Bloomfield, and Shadyside.Aligning with the target average cash-on-cash return of 11% and an impressive 10.72% internal rate of return (IRR), it offers a substantial equity multiple of 1.70.

Investment highlights

$100,000 Avg. Household Income

Affluent area the average household income exceeds $100,000 within a 1 mile radius of the site.

Strategic Location

Ideally located within Pittsburgh’s Central Business District on Liberty Avenue and steps from parking and public transit, Pittsburgh International Airport is a 26-minute drive away.

11% Target Avg. CoC Returns

"Target Avg CoC" denotes the sought-after average return on investment (ROI) over a set period. This property promises a potential 11% cash-on-cash return, reflecting its strong income relative to its market value.

Key Route through Pittsburgh

Liberty Avenue is a major thoroughfare that runs through Downtown Pittsburgh, the Strip District, Bloomfield, and ends in the neighborhood of Shadyside at its intersection with Centre Avenue and Aiken Avenue.

Key Highlights

June 2024
Purchase Date
$2.9M
Purchase Price
11%
Average CoC
15,055
GLA Sq. Ft
380,242
Population (5Mile)
874,081
Avg. Income (5Mile)

Summary

Strategically located in Pittsburgh’s high-demand Central Business District on Liberty Avenue, this property enjoys premier visibility and accessibility.

With over $78 million in food and alcohol sales within a 1-mile radius, it ranks 1st in consumer spending.

The area hosts 20,000+ residents and 300,000+ employees within 3 miles, minutes from major landmarks like the University of Pittsburgh, PPG Paints Arena, PNC Park, Acrisure Stadium, and the David L. Lawrence Convention Center.

Situated in an affluent area with average household incomes exceeding $100,000, this property guarantees high foot traffic and optimal exposure along a major thoroughfare through Downtown Pittsburgh, the Strip District, Bloomfield, and Shadyside.Aligning with the target average cash-on-cash return of 11% and an impressive 10.72% internal rate of return (IRR), it offers a substantial equity multiple of 1.70.

Investment highlights

$100,000 Avg. Household Income

Affluent area the average household income exceeds $100,000 within a 1 mile radius of the site.

Strategic Location

Ideally located within Pittsburgh’s Central Business District on Liberty Avenue and steps from parking and public transit, Pittsburgh International Airport is a 26-minute drive away.

11% Target Avg. CoC Returns

"Target Avg CoC" denotes the sought-after average return on investment (ROI) over a set period. This property promises a potential 11% cash-on-cash return, reflecting its strong income relative to its market value.

Key Route through Pittsburgh

Liberty Avenue is a major thoroughfare that runs through Downtown Pittsburgh, the Strip District, Bloomfield, and ends in the neighborhood of Shadyside at its intersection with Centre Avenue and Aiken Avenue.

Key Highlights

June 2024
Purchase Date
$2.9M
Purchase Price
11%
Average CoC
15,055
GLA Sq. Ft
380,242
Population (5Mile)
874,081
Avg. Income (5Mile)

Key Highlights

June 2024
Purchase Date
$2.9M
Purchase Price
11%
Average CoC
15,055
GLA Sq. Ft
380,242
Population (5Mile)
874,081
Avg. Income (5Mile)

Summary

Strategically located in Pittsburgh’s high-demand Central Business District on Liberty Avenue, this property enjoys premier visibility and accessibility.

With over $78 million in food and alcohol sales within a 1-mile radius, it ranks 1st in consumer spending.

The area hosts 20,000+ residents and 300,000+ employees within 3 miles, minutes from major landmarks like the University of Pittsburgh, PPG Paints Arena, PNC Park, Acrisure Stadium, and the David L. Lawrence Convention Center.

Situated in an affluent area with average household incomes exceeding $100,000, this property guarantees high foot traffic and optimal exposure along a major thoroughfare through Downtown Pittsburgh, the Strip District, Bloomfield, and Shadyside.Aligning with the target average cash-on-cash return of 11% and an impressive 10.72% internal rate of return (IRR), it offers a substantial equity multiple of 1.70.

Investment highlights

$100,000 Avg. Household Income

Affluent area the average household income exceeds $100,000 within a 1 mile radius of the site.

Strategic Location

Ideally located within Pittsburgh’s Central Business District on Liberty Avenue and steps from parking and public transit, Pittsburgh International Airport is a 26-minute drive away.

11% Target Avg. CoC Returns

"Target Avg CoC" denotes the sought-after average return on investment (ROI) over a set period. This property promises a potential 11% cash-on-cash return, reflecting its strong income relative to its market value.

Key Route through Pittsburgh

Liberty Avenue is a major thoroughfare that runs through Downtown Pittsburgh, the Strip District, Bloomfield, and ends in the neighborhood of Shadyside at its intersection with Centre Avenue and Aiken Avenue.