Class A Office
For Lease
Contact for pricing
500 Penn Center Blvd, Pittsburgh, PA 15235
Class A office space within a multi-use campus with retail component and on-site conferencing amenities.
Space Size12,044 SF
Days on Market1302
Property Features for 500 Penn Center Blvd
General Information
Standard status
Active
Size
12,044 SF
Class
A
Property subtype
OFFICE
Amenities
conference center
fitness facility
tenant lounge
marketing suite
on-site retail and dining
Spaces For Lease
at 500 Penn Center Blvd Contact us- Floor
- 8
- Size
- 12,044 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
Penn Center East V
- 625,000 SF Class A office space | 300,000 SF retail space
- Walking distance to...
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Contact us
Listing Agency:
JLL | Pittsburgh
(412) 208-8382
Listed By:
Jackie Bezek · License #RS332660
(412) 208-1413
Source:
Moodyscre
Added: Feb 20, 2023
Changed: Sep 7
Last Checked: Sep 14 at 7:44AM
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 JLL | Pittsburgh
Investment Insights
Based on property information with market context.
The property offers Class A office space within an office campus that also includes retail space. The on-site amenity set highlighted in the materials includes a conference center with ceiling mounted projectors, projector screens, high-speed internet, cable television, wireless microphones, speaker conference phones, podiums, and on-site support. Additional amenities mentioned include a Wi-Fi enabled tenant lounge with high-end finishes, furniture, and a bar lounge, along with a new fitness facility accessible on a tenant schedule.
The campus is described as having prominent visibility from Parkway East and William Penn Highway, with easy access noted. The setting is also described as within walking distance to retail, restaurants, banking, hotel, and other service-related businesses.
Tenants seeking flexible conference accommodations are specifically addressed by the conference center materials, which are described as supporting groups of large and small sizes.
The campus is described as having prominent visibility from Parkway East and William Penn Highway, with easy access noted. The setting is also described as within walking distance to retail, restaurants, banking, hotel, and other service-related businesses.
Tenants seeking flexible conference accommodations are specifically addressed by the conference center materials, which are described as supporting groups of large and small sizes.
Key Highlights
- Penn Center East campus includes 625,000 SF of Class A office space and 300,000 SF of retail space
- Prominent visibility from Parkway East and William Penn Highway
- Walking distance to retail, restaurants, banking, hotel, and other service businesses
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 15235, PA
34,610
Population
16,942
Households
2
Avg Household Size
46
Median Age
36%
College-Educated
95%
High-School Grad
14.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$62,292
Median Household Income
$40,511
Median Earnings
$1,048
Median Rent
$132,800
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
$25.72 /SF/Yr
Avg Asking Price
$10–$47.5 /SF/Yr
Price Range
13,579 SF
Avg Space Size
Vacancy Rate% for Office in Pittsburgh, PA
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Frequently Asked Questions
What type of property is this?
Office units - Class A office space within a multi-use campus with retail component and on-site conferencing amenities.
Where is this office units located?
The property is located at 500 Penn Center Blvd Pittsburgh, PA.
What are key features of this property?
This property features: Penn Center East campus includes 625,000 SF of Class A office space and 300,000 SF of retail space; Prominent visibility from Parkway East and William Penn Highway; Walking distance to retail, restaurants, banking, hotel, and other service businesses
