Legacy Realty Partners is pleased to present a rare opportunity to acquire a premier trophy asset on Walnut Street, ideally situated in the heart of Pittsburgh’s highly sought-after Shadyside neighborhood. This exceptional high-street property at 5542 Walnut Street features a publicly traded single-tenant, multi-story layout and is secured by a brand-new 10-year lease, offering investors a stable, long-term income stream in one of the city’s most vibrant retail corridors.
This unique investment opportunity is ideally positioned in Pittsburgh’s most prestigious and sought-after retail corridor. Renowned for its curated blend of fine dining, upscale shopping, and exclusive boutiques, Walnut Street offers an unparalleled consumer experience. The street is anchored by a distinguished mix of high-end local retailers and globally recognized brands, including Apple, RH, Patagonia, lululemon, Brandy Melville (coming soon), and Kendra Scott, among others. This dynamic tenancy solidifies Walnut Street’s status as the city’s premier luxury shopping destination—Pittsburgh’s one and only true High Street.
ATTRACTIVE LEASE FUNDAMENTALS
Brand new 10-year lease with 10% increases every 5 years, from one of the most valuable brands in the world - a publicly traded company with a $2.5 billion market cap.
PRESTIGIOUS LOCATION
In a prominent retail corridor: Situated at the epicenter of Walnut Street, in Shadyside, Pittsburgh’s most desired neighborhood.
NNN LEASE
Landlord has minimal responsibilities, making this a near-passive investment.
INCREDIBLE DEMOGRAPHICS
Within one mile of this asset, the average household income is over $110,000 annually and total population is over 40,194 people.