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Lawrenceville Plaza 450 56th St
20,210 SF of Retail Space Available in Pittsburgh, PA 15201
Highlights
- On a main thorofare, densely populated market area, easy access to many other market areas, highways and universities.
- Located in Lawrenceville, named one of the ten “coolest” neighborhoods in America
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 20,210 SF | 20 ft | 10 Years | £11.83 /SF/PA £0.99 /SF/MO £127.39 /m²/PA £10.62 /m²/MO £239,185 /PA £19,932 /MO | Triple Net |
5500 Butler St - 1st Floor
20,000 sf in a 70,000 sf, Aldi anchored, urban strip center in Lawrenceville, Pa, 10 minutes from downtown Pittsburgh, 2 minutes from Route 28 (major highway E/W) on Butler Street which is the main drag through Lawrenceville. Surrounded by hundreds of rooftops and heavy traffic patterns, this newly upgraded shopping center draws from Fox Chapel, Aspinwall, Sharpsburg, Rt 8 corridor, Etna, Millvale, Morningside and many other surrounding neighborhoods. This is the only space available in what has been a traditionally 100% occupied shopping center. Other tenants: Aldi to open Fall 2024; Family Dollar; upscale hair salon; new veterinary office; large, newly expanded fitness center; staffing office. Receiving dock for full trailers and 110' store front. Please note, this property has two addresses, 450 56th street and 5500 Butler Street, Pgh Pa
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- 1 Loading Dock
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 20 ft
- ADJACENT TO NEW ALDI!!!
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 agent 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.
SELECT TENANTS AT Lawrenceville Plaza
- Tenant
- Description
- US Locations
- Reach
- Aldi Grocery
- Retailer
- -
- -
- Family Dollar
- Dollar/Variety/Thrift
- 10,783
- National
- Lawrenceville Veterinary Clinic
- Service type
- -
- -
- Linc & Sage Salon
- Service type
- -
- -
- Lingo Staffing
- Service type
- -
- -
- Pittsburgh Fitness Project LLC
- Fitness
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Aldi Grocery | Retailer | - | - |
| Family Dollar | Dollar/Variety/Thrift | 10,783 | National |
| Lawrenceville Veterinary Clinic | Service type | - | - |
| Linc & Sage Salon | Service type | - | - |
| Lingo Staffing | Service type | - | - |
| Pittsburgh Fitness Project LLC | Fitness | 1 | Local |
PROPERTY FACTS FOR 450 56th St , Pittsburgh, PA 15201
| Centre Type | Neighborhood Center | Frontage | |
| Parking | 150 Spaces | Gross Leasable Area | 68,701 SF |
| Stores | 7 | Total Land Area | 16.50 AC |
| Centre Properties | 1 | Year Built | 2000 |
| Centre Type | Neighborhood Center |
| Parking | 150 Spaces |
| Stores | 7 |
| Centre Properties | 1 |
| Frontage | |
| Gross Leasable Area | 68,701 SF |
| Total Land Area | 16.50 AC |
| Year Built | 2000 |
About the Property
COMING SOON, Aldi grocery co-anchor to open November 2024. 20,210 sf is available adjacent to this new Aldi at the Lawrenceville Shopping Center, a well maintained community Plaza on the main drag in one of Pittsburgh's hottest markets, Lawrenceville, Pa. Thousands of roof tops surround this property! In addition to drawing from Lawrenceville and other areas of the City of Pittsburgh, this Plaza also draws from Fox Chapel, Aspinwall, Sharpsburg, Morning Side, Route 8 Corridor, Shaler, Etna and Millvale. Minutes from Route 28 (62nd street and 40th street bridges) surrounded by hundreds of roof tops including high-end townhome development across the street.
- 24 Hour Access
- Bus Route
- Signage
- Signalised Intersection
- Tenant Controlled HVAC
- Monument Signage
Presented by
Lawrenceville Plaza | 450 56th St
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