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Goodwill | Pittsburgh, PA 2866 Banksville Rd 9,000 SF 100% Leased Retail Building Pittsburgh, PA 15216 $3,694,235 CAD ($410.47 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Long-term occupancy by Goodwill of Southwestern Pennsylvania, with lease extended in 2025, reinforcing tenant commitment since at least 2007.
- Built-in rent escalations including a 3.17% increase in 2027 and at least 2% annual increases thereafter.
- Strong surrounding retail corridor with national tenants including ALDI, Starbucks, PNC Bank, Wingstop, and Sheetz redevelopment nearby.
- Creditworthy regional nonprofit tenant with 35+ locations and over $77M in annual revenue.
- High-visibility location on Banksville Road (26,000+ VPD), less than 4 miles from Downtown Pittsburgh.
- Strong demographics with average household incomes exceeding $102,000 across the 1-, 3-, and 5-mile trade areas.
Executive Summary
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Oct 2030
Goodwill began in 1902 as a nonprofit movement built around collecting donated goods, repairing usable items, and using resale revenue to support people seeking work. Today, Goodwill operates as a network of community-based organizations that provide job training, employment placement services, and other programs for people facing barriers to employment. The organization uses donated-goods retail to fund local mission services, combining thrift operations with workforce development and community support. Goodwill's work spans employment readiness, skills-building, and reinvestment in local communities through its affiliated nonprofit model.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Oct 2030 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $730,441 CAD | |
| Land Assessment | $182,470 CAD | Total Assessment | $912,911 CAD |
Property Taxes
Presented by
Goodwill | Pittsburgh, PA | 2866 Banksville Rd
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