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Office Building with Freight Elevators
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503 Martindale St, Pittsburgh, PA 15212

Office building offering elevators, including two freight elevators, and 24/7 manned security with substantial nearby parking.

Property Size9,400 SF
Days on Market1085

Property Features for 503 Martindale St

General Information

Standard status Active
Size 9,400 SF
Total Parking Spaces 2000
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

24-hour manned security
state-of-the-art building systems
elevator
two freight elevators
North Shore Connector light rail access
Listing Agency: CBRE | Pittsburgh
Listed By: Nicole Clackson Rossman
Source: Moodyscre
Added: Aug 11, 2023 Changed: Jul 28 Last Checked: Jul 30 at 1:57PM

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

Investment Insights

Based on property information with market context.

This office building includes elevators and two freight elevators to support move-ins, deliveries, and day-to-day operations. The property is described as having state-of-the-art building systems and offers 24-hour, manned security available seven days per week.

The building provides excellent access to downtown Pittsburgh and major highways. Parking is available surrounding the building, with 2,000 spaces offered at monthly rates. A free fare zone is available via the North Shore Connector light rail transit system, which links the North Shore to downtown Pittsburgh. Hotels and restaurants are nearby, with four hotels within a two-block radius.

Access and building support are reinforced by on-site security and dedicated vertical transportation, including passenger and freight capacity.

Key Highlights

  • 24/7 manned security with 7 days/week coverage
  • Elevator service plus two freight elevators
  • 2,000 parking spaces available surrounding the building at monthly rates

Property Analytics

Current Use

GES - Pittsburgh Marketing & Advertising Pipa Group Bar & Pub D L Clark ... Business Service Center Beemac Logistics Pittsburgh Logistics Company Girl Scouts Western ... Charitable Organization

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Auto Repair Shop Electrical Service Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,379
Businesses Nearby

Demographics for 15212, PA

27,016
Population
15,937
Households
1.7
Avg Household Size
38
Median Age
37%
College-Educated
92%
High-School Grad
5.8 sq mi
ZIP Area
4,658
Density / Sq Mi
$61,712
Median Household Income
$45,325
Median Earnings
$1,114
Median Rent
$167,200
Median Home Value

Market

Lease Benchmarks for Pittsburgh, PA

$29.27 /SF/Yr
Avg Asking Price
$16–$50 /SF/Yr
Price Range
94,112 SF
Avg Space Size

Vacancy Rate% for Office in Pittsburgh, PA

10.2% 2019
12.2% 2020
14.6% 2021
13.9% 2022
16.1% 2023
17.5% 2024
17.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building offering elevators, including two freight elevators, and 24/7 manned security with substantial nearby parking.
Where is this office building located?
The property is located at 503 Martindale St Pittsburgh, PA.
What are key features of this property?
This property features: 24/7 manned security with 7 days/week coverage; Elevator service plus two freight elevators; 2,000 parking spaces available surrounding the building at monthly rates
(412) 471-3385 Call to check price and availability
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