Office Space in Cultural
For Lease
Contact for pricing
925 Penn Ave, Pittsburgh, PA 15222
48,000 square foot office building in Pittsburgh's Cultural District.
Space Size9,334 SF
Days on Market1354
Property Features for 925 Penn Ave
General Information
Standard status
Active
Size
9,334 SF
Property subtype
OFFICE
Lease Type
Modified Gross
Site & Location
Neighborhood
Central Business District
Spaces For Lease
at 925 Penn Ave
925 Penn Ave
$25/SF/Yr
Floor
6
Size
9,334 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Boutique office building located on Penn Avenue surrounded by restaurants, art galleries, hotels and more
- Easy access to public transit and parking nearby
- This 48,000 square foot building has a 2000-amp main service with new electrical risers and panels on most floors. For the safety of our tenants, there is a card-swipe security access system throughout the building. Rugby Realty gives tenants the option to do a full build out of this space, letting you fully customize to your style and needs. Tenants can also enjoy the ample parking in and around the Cultural District. When you are a tenant at 925 Penn Avenue, you also have the opportunity to book meeting rooms at any conference center owned by Rugby Realty and RexxHall Realty.
Contact us
Listing Agency:
CBRE | Pittsburgh
(412) 471-9500
Listed By:
Jeremy Kronman
(412) 721-6082
Source:
Moodyscre
Added: Feb 10, 2023
Changed: Oct 25
Last Checked: Oct 24 at 6:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Pittsburgh
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Investment Insights
Based on property information with market context.
This 48,000 square foot building features a 2000-amp main service with new electrical risers and panels on most floors. A card-swipe security access system is installed throughout the building. Tenants have the option for a full build out of the space, allowing for customization. Ample parking is available in and around the Cultural District. Tenants have the opportunity to book meeting rooms at any conference center owned by Rugby Realty and RexxHall Realty. The property is located in the Pittsburgh Cultural District.
Key Highlights
- Located in the Pittsburgh Cultural District.
- 48,000 square foot building.
- 2000‑amp main service with new electrical risers and panels on most floors.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
8,255
Businesses Nearby
Explore this area
Business Placement
Demographics for 15222, PA
5,976
Population
4,008
Households
1.5
Avg Household Size
33
Median Age
77%
College-Educated
99%
High-School Grad
0.9 sq mi
ZIP Area
6,640
Density / Sq Mi
$111,926
Median Household Income
$61,190
Median Earnings
$1,963
Median Rent
$557,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Pittsburgh, PA
$25.52 /SF/Yr
Avg Asking Price
$10–$47.5 /SF/Yr
Price Range
13,537 SF
Avg Space Size
This space is priced 2% below the average of $25.52 /SF/Yr.
Vacancy Rate% for Office in Pittsburgh, PA
Frequently Asked Questions
What type of property is this?
Office unit - 48,000 square foot office building in Pittsburgh's Cultural District.
Where is this office unit located?
The property is located at 925 Penn Ave Pittsburgh, PA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located in the Pittsburgh Cultural District.; 48,000 square foot building.; 2000‑amp main service with new electrical risers and panels on most floors.
