Investment Overview
NAI Burns Scalo is pleased to present a unique investment opportunity at 3718–3720 Butler Street in the heart of Lawrenceville, one of Pittsburgh's most sought-after urban neighborhoods. Positioned along Butler Street with exceptional visibility and strong traffic counts, the 4,750 SF property is fully occupied by two established restaurant tenants: Esquina Cantina and Umami Izakaya. This premier urban retail asset offers stable in-place income and an irreplaceable location within Pittsburgh's thriving dining and entertainment corridor.
Investment Highlights
- Esquina Cantina is proposing a 10-year sale-leaseback and will be responsible for 100% of all Triple-Net (NNN) expenses for the entire building during the initial lease term.
- Esquina Cantina occupies the 1st floor including the outdoor patio & bar and Umami Izakaya restaurant occupies the 2nd & 3rd floor
- Prime Butler Street frontage in the heart of Lawrenceville, one of Pittsburgh's most sought-after retail, dining, and entertainment destinations.
- Rare opportunity to acquire a Class A urban retail asset within a supply-constrained market characterized by strong tenant demand and limited available inventory.
- Surrounded by significant residential, mixed-use, and commercial development, providing long-term appreciation potential and a growing consumer base.