Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Zenith Ridge II Office Space Title is generated by Realmo AI

    2400 Ansys Dr, Canonsburg, PA 15317

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    150,000 SF office building with outdoor amenities in Southpointe.

    Type:Office
    Property size:
    150,000 SF
    Added:
    Feb 26, 2026
    Days on Market:
    100
    Last Refresh:
    Feb 26 at 11:17 pm

    Property Features for 2400 Ansys Dr

    General Information

    Standard status
    Active
    Size
    150,000 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Kelley Hoover Heckathorne
    Kelley Hoover Heckathorne

    Listing agent Kelley Hoover Heckathorne

    Listing office NAI Burns Scalo

    Listing date Feb 26, 2026

    Source Naiglobal

    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 NAI Burns Scalo

    HighLights

    • Located in the prominent Southpointe office market.
    • Part of a larger campus with extensive outdoor amenities like patios, fitness trails, fire pits, table tennis, and outdoor cooking.
    • Free parking with a generous 4.5/1,000 ratio.
    • LEED Certified and Green Class‑G Managed.
    • Recently Renovated Lobby.
    • Adjacent to Southpointe Town Center and 3 Hotels.

    Overview

    Zenith Ridge II is a 150,000 square-foot office building located in Southpointe, Western Pennsylvania’s most prominent office market. It is part of the larger Zenith Ridge campus, which encompasses a total of 486,000 square feet across three buildings. The campus provides a neighborhood feel and features outdoor entertainment and amenities, including patios for al fresco dining, fitness trails, fire pits, table tennis, and outdoor cooking options. Free parking is available at a ratio of 4.5/1,000. The property is adjacent to Southpointe Town Center and three hotels. The building has a recently renovated lobby, is LEED Certified, and is Green Class-G Managed. A walking trail with exercise stations is available. A dedicated Client Experience Team and exclusive access to a Partner Perks Program are offered.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canonsburg
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.1538
    Latitude
    40.274

    Nearby Similar for Lease

    • Contact for pricing

      Single-Level Office Suite in Canonsburg

      Office suite with shared amenities and convenient highway access.
      311 S Central Avenue, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Prime Retail Space in Canonsburg

      Spacious retail space in the heart of Canonsburg, Pennsylvania.
      102 W Pike St, Canonsburg, PA 15317
      View Details
    • Sponsored
      $129-$4,846/Mo
      11-1,292 SF

      Southpointe

      2400 Ansys Dr, Unit 102, Canonsburg, PA 15317
      View Details
    • $14 SF/Yr
      6,400 SF

      Retail Space in Downtown Canonsburg

      High-visibility retail space in downtown Canonsburg, ideal for various uses.
      25 East Pike Street, Canonsburg, PA 15317
      View Details
    • $1,350/Mo

      Office Space For Rent

      Second floor office space available with utilities included.
      4121 Washington Road, Peters Twp, PA 15317
      View Details
    • $18 SF/Yr
      5,785 SF

      Office Space Available for Lease

      Office spaces ranging from 989 SF to 6,800 SF available.
      135 Technology Dr, Canonsburg, Pennsylvania 15317
      View Details
    • $14 SF/Yr
      6,400 SF

      High-Visibility Retail Space Available

      End-cap retail space in downtown Canonsburg with pharmacy infrastructure.
      25 East Pike Street, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      150,000 SF

      Southpointe Office Building For Rent

      150,000 SF office building with amenities in Canonsburg, PA.
      2400 Ansys Dr, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Class A Office Space

      Premier office space with golf course views and modern amenities.
      121 Champion Way, Canonsburg, PA 15317
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space on Washington Road

      Retail spaces available in high-traffic Canonsburg location.
      102-190 Gallery Drive, Canonsburg, PA, 15317
      View Details
    • Contact for pricing
      7,339 SF

      Canonsburg Office Space For Lease

      Office space available for lease in Canonsburg, Pennsylvania.
      121 Champion Way, Canonsburg, PA 15317
      View Details
    • Contact for pricing

      Executive Office Suite For Lease

      Executive office suite with modern finishes and abundant natural light.
      1200 Ashwood Drive, Canonsburg, PA 15317
      View Details

    FAQs

    What type of property is this?
    Office building - 150,000 SF office building with outdoor amenities in Southpointe.
    Where is this office building located?
    The property is located at 2400 Ansys Dr Canonsburg, PA.
    What are key features of this property?
    This property features: Located in the prominent Southpointe office market.; Part of a larger campus with extensive outdoor amenities like patios, fitness trails, fire pits, table tennis, and outdoor cooking.; Free parking with a generous 4.5/1,000 ratio.
    (412) 670-4248
    We can help!
    Listing Contact
    Kelley Hoover Heckathorne
    Kelley Hoover Heckathorne
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2400 Ansys Dr | Canonsburg, PA 15317
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!