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Class A Office Space Available
For Lease
$27 SF/Yr

5 Penn Center Boulevard, Pittsburgh, PA 15276

Strategically located office building with on-site management and ample parking.

Space SizeContact for details
Days on Market274

Property Features for 5 Penn Center Boulevard

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Pittsburgh
Listed By: Charlie Must
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 14 Last Checked: Aug 23 at 10:58AM

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 offers dedicated on-site management and 24-hour key card access. It features well-lit, free, and abundant parking. The campus environment includes walking trails, extensive landscaping, and water features. The property is strategically located at the Campbell's Run Road exit of I-279, also known as Parkway West, and is 15 minutes from the Central Business District and Pittsburgh International Airport. The building provides a grab n' go market. The property has a size of 42205 square feet.

Key Highlights

  • Strategic location at the Campbell's Run Road exit of I‑279 (Parkway West).
  • Just 15 minutes from the Central Business District and Pittsburgh International Airport.
  • Dedicated on‑site management.

Property Analytics

Current Use

PA Health & Wellness Insurance Agency Penn Center West ... Park Salon J & Day ... Hair Salon Alorica Pittsburgh Telecommunications Service Cranberry Pipeline Corporation Gas Company

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Nail Salon

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

NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Market

Lease Benchmarks for Pittsburgh, PA

$28.88 /SF/Yr
Avg Asking Price
$16–$50 /SF/Yr
Price Range
38,849 SF
Avg Space Size

This space is priced 6% below the average of $28.88 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Strategically located office building with on-site management and ample parking.
Where is this office building located?
The property is located at 5 Penn Center Boulevard Pittsburgh, PA.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Strategic location at the Campbell's Run Road exit of I‑279 (Parkway West).; Just 15 minutes from the Central Business District and Pittsburgh International Airport.; Dedicated on‑site management.
More about this property
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