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5102 Baum Blvd 600 - 2,400 SF of Space Available in Pittsburgh, PA 15224
SUBLEASE HIGHLIGHTS
- This property is an incredible opportunity with proximity to The Assembly and big businesses like Apple and BioHaven.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $20,101 CAD/YR $1,675 CAD/MO | Modified Gross | ||
| 2nd Floor | 600 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $10,051 CAD/YR $837.55 CAD/MO | Modified Gross | ||
| 3rd Floor | 600 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $10,051 CAD/YR $837.55 CAD/MO | Modified Gross |
1st Floor
A vibrant opportunity awaits in Shadyside as a sought-after commercial restaurant lease is on the market, accompanied by a business sale. The restaurant is on the ground level but there are 3 floors of usable space and an additional 400 square foot basement. This establishment boasts prime location with patrons seeking culinary delights. The lease is an excellent prospect for restaurateurs to step into fully equipped space, ready for your own culinary creativity and success. With a loyal customer base and an established reputation, this operation offers ideal bar and dining areas, upstairs banquet hall and table seating as well as grill and kitchen areas, and storage area. Make your mark in the culinary landscape – seize this opportunity today and embark on a journey of dining innovation and business excellence. Rent is $2050/month. CAM is currently $2800/month.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Fully-equipped restaurant.
- Engaged client base.
2nd Floor
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Mostly Open Floor Plan Layout
- Fits 2 - 5 People
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
3rd Floor
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Mostly Open Floor Plan Layout
- Fits 2 - 5 People
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
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 | 2,400 SF | Gross Leasable Area | 2,400 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,400 SF |
| Year Built | 1970 |
ABOUT THE PROPERTY
A vibrant opportunity awaits in Shadyside as a sought after commercial restaurant sub lease is on the market, accompanied by a business sale, asking price, $150,000.? This establishment boasts prime location with patrons seeking culinary delights.? The sub lease is an excellent prospect for restauranteurs to step into an equipped space, ready for your own culinary creativity and success.? With a customer base and established reputation this operation offers bar and dining areas, upstairs banquet hall and table seating as well as grill, kitchen, walk-in and storage areas.? Make your mark in the culinary landscape-seize this opportunity today and embark on a journey of dining innovation and business excellence.? Additional 400 SQ basement space.? Buyer tenant is responsible for their own due diligence regarding material facts prior to completing a transaction.
NEARBY MAJOR RETAILERS
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5102 Baum Blvd
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