Freestanding Flex Building with
145 Delta Dr Pittsburgh, PA 15238
145 Delta Dr, Pittsburgh, PA, 15238
Contact for pricing
For Sale
Contact for pricing
8,808 SF flex building featuring office and warehouse space.
Property Size8,808 SF
Price / SF$164.62
Days on Market663
Property Features for 145 Delta Dr
General Information
- Standard status
- Active
- Size
- 8,808 SF
- Property subtype
- Office
Listing agency
Hanna Commercial Real Estate - Pittsburgh
(412) 261-2200
Listed by
Michael Connor · License #PA RS330446
Source
Crexi
Added: Sep 27, 2024 Updated: Jul 6 at 7:47AM Checked: Jul 21 at 6:33AM
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 Hanna Commercial Real Estate - Pittsburgh
Investment Insights
Based on property information with market context.
This 8,808 square-foot freestanding building includes 2,652 square feet of office space and 6,156 square feet of warehouse space. A 3,438 square-foot mezzanine is present but not included in the rentable square footage. The office area features a reception area, one private office, and open office areas. The warehouse includes a lunchroom, shipping office, and conference/training room. There are two full sets of restrooms, plus a shop restroom with an eyewash station. A 1/2-ton freight lift provides access to the mezzanine. The property is equipped with 800 amps of 120/208V power. The warehouse portion is 70% sprinklered. Access to the warehouse is provided by one 12’ x 14’ electric drive-in door. HVAC is provided by gas-fired roof-top units and gas-fired space heaters in the warehouse. Ceiling heights in the warehouse are 16’9” for 2,718 square feet, and 7’11” under the mezzanine. There are 16 parking spaces available, providing a ratio of 1.82 spaces per 1,000 rentable square feet.
Key Highlights
- 8,808 SF Free‑Standing Building
- Features 2,652 SF of Office space and 6,156 SF of Warehouse space
- High Power Capacity: 800 amp 120/208 V
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $198.7k | $22.56 |
| − Vacancy | −$48.7k | −$5.53 |
| EGI | $150.0k | $17.03 |
| − OpEx | −$37.5k | −$4.26 |
| NOI | $112.5k | $12.77 |
8,808 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.61M
$1.41M – $1.88M
NOI $112,519 @ 7.0% cap · market cap 7.76%
Second Best
Warehouse
$863.0K
$755.1K – $1.01M
NOI $60,407 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$2.81M
$2.45M – $3.27M
NOI $196,361 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Airline Hydraulics
Building Supply
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Similar Off Market Nearby
- Graze Craze Charcuterie Boards & Boxes — 1153 Old Freeport Rd, Pittsburgh, PA 15238
FAQs
What type of property is this?
Flex space - 8,808 SF flex building featuring office and warehouse space.
Where is this flex space located?
The property is located at 145 Delta Dr Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 8,808 SF Free‑Standing Building; Features 2,652 SF of Office space and 6,156 SF of Warehouse space; High Power Capacity: 800 amp 120/208 V
