Retail Business for Sale in Pittsburgh, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Pittsburgh, PA 15216

Description

Marcus & Millichap is pleased to present for sale Aldi Pittsburgh, located in Pittsburgh, Pennsylvania. Investment Highlights: • Single-Tenant, Absolute Triple-Net ALDI Grocery Store with Zero Landlord Responsibilities • Brand-New 2025 Renovation of Former Staples | 23,884-Square-Foot Freestanding Grocery on 2.73-Acre Parcel • 19.75 Years of Remaining Lease Term with Four, Five-Year Renewal Options Extending Through 2065 • 10 Percent Rent Increases Every Five Years Throughout Initial Term and All Options • Initial Cap Rate of 4.85 Percent with Cap Rate Expansion to 6.45 Percent in Last Five Years of Primary Term • Full Corporate Guaranty by ALDI Inc., Backed by The Albrecht Family (Private Ownership) • Surrounded by Strong Daily-Needs And Discount Retail Including Dollar General, Dollar Tree Starbucks, McDonald's, Kuhn's Market and Walgreens

Market Context

This retail in Pittsburgh, PA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Pittsburgh, PA — <a href="/search/sale/retail/pennsylvania/pittsburgh">view the full market</a>.

As of Q1 2025, the Pittsburgh retail market showed a 5.2% vacancy rate, and rents up 95.3% year over year. Source: Colliers Q1 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Pittsburgh retail market tightening or softening?
Vacancy is around 5.2%, with asking rents rising year over year (Q1 2025).

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