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Class A Office and Retail Campus
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3424 William Penn Hwy, Pittsburgh, PA 15235

Class A office and large retail footprint with prominent highway visibility and on-site conference and fitness amenities.

Property Size3,874 SF
Days on Market1255

Property Features for 3424 William Penn Hwy

General Information

Standard status Active
Size 3,874 SF
Class A
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included No

Amenities

conference center
fitness facility
marketing suite
bar lounge
Wi-Fi
retail
restaurants
banking
hotel
Listing Agency: JLL | Pittsburgh
Listed By: Jackie Bezek · License #RS332660
Source: Moodyscre
Added: Feb 21, 2023 Changed: Jul 28 Last Checked: Jul 30 at 8:54AM

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.

Penn Center East offers a combined Class A office and retail campus with approximately 625,000 square feet of office space and about 300,000 square feet of retail space. The property 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.

The campus is described as having prominent visibility from Parkway East and William Penn Highway, with an office location in Pittsburgh’s East submarket. It is also presented as being along the Route 22 business corridor, with The Shoppes at Penn Center East and more than two dozen nearby restaurants, retail, and service amenities.

Additional amenities highlighted in the materials include a new, state-of-the-art fitness facility and Wi-Fi-enabled tenant and guest areas with high-end finishes, furniture, and a bar lounge, plus a new marketing suite intended to support client and tenant visualization.

Key Highlights

  • 625,000 SF Class A office space plus 300,000 SF retail space
  • Prominent visibility from Parkway East and William Penn Highway
  • Office campus located along the Route 22 business corridor

Property Analytics

Current Use

Smile Studio Dental Office Extended Family Care ... Aged Care Dermatolgic Care, Inc. Physician Churchill Chiropractic Centre Alternative Medicine Practice Kerstin A. Zock, DC Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center HVAC Service 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
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby

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

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 - Class A office and large retail footprint with prominent highway visibility and on-site conference and fitness amenities.
Where is this office building located?
The property is located at 3424 William Penn Hwy Pittsburgh, PA.
What are key features of this property?
This property features: 625,000 SF Class A office space plus 300,000 SF retail space; Prominent visibility from Parkway East and William Penn Highway; Office campus located along the Route 22 business corridor
(412) 208-1413 Call to check price and availability
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