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Class A Office and Retail
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500 Penn Center Blvd, Pittsburgh, PA

Premier office and retail location with great amenities and access.

Space Size12,044 SF
Lot Size4.38 Acres
Days on Market1267

Property Features for 500 Penn Center Blvd

General Information

Standard status Active
Size 12,044 SF
Lot size 4.38 Acres
Property subtype OFFICE

Spaces For Lease

at 500 Penn Center Blvd Contact us

Penn Center East V

Floor
9
Size
12,044 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 625,000 SF Class A office space | 300,000 SF retail space - Walking distance to...
show more
Contact us

Penn Center East V

Floor
8
Size
12,044 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 625,000 SF Class A office space | 300,000 SF retail space - Walking distance to...
show more
Contact us
Listing Agency: JLL | Pittsburgh
Listed By: Jackie Bezek · License #RS332660
Source: Moodyscre
Added: Feb 20, 2023 Changed: Aug 8 Last Checked: Aug 8 at 5:17AM

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.

This property features 625,000 square feet of Class A office space and 300,000 square feet of retail space. It is located within walking distance of retail options, restaurants, banking facilities, a hotel, and other service-related businesses. The property benefits from prominent visibility from Parkway East and William Penn Highway, offering easy access and a lively location. Amenities include a fitness facility, lounge, and conferencing center. The conference center offers flexible accommodations for groups of all sizes, ceiling-mounted projectors, dropdown projector screens, high-speed internet, cable television, wireless microphones, speaker conference phones, podiums, and on-site support. A new, state-of-the-art fitness facility is accessible on your schedule. The tenant lounge features high-end finishes, furniture, a bar lounge, and Wi-Fi. The property is located along the Route 22 business corridor and includes The Shoppes at Penn Center East, with more than two dozen restaurants, retail, and service amenities.

Key Highlights

  • Premier Class A office space with 625,000 SF and 300,000 SF of retail space.
  • Enjoy on‑site amenities including a new state‑of‑the‑art fitness facility, tenant lounge with high‑end finishes and Wi‑Fi, and a conference center with full A/V support.
  • Unmatched convenience with The Shoppes at Penn Center East and over two dozen restaurants, retail, and service amenities on‑site.

Property Analytics

Current Use

Catherine Dernorsek, Bankers ... Insurance Agency Penn National Insurance Insurance Agency Bankers Life Insurance Agency RIZZO International, Inc. Engineering Consultant Tehuan Brooks, Bankers ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Hair Salon 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

648
Businesses Nearby

Market

Lease Benchmarks for Pittsburgh, PA

$26.33 /SF/Yr
Avg Asking Price
$10–$47.5 /SF/Yr
Price Range
11,792 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Premier office and retail location with great amenities and access.
Where is this office units located?
The property is located at 500 Penn Center Blvd Pittsburgh, PA.
What are key features of this property?
This property features: Premier Class A office space with 625,000 SF and 300,000 SF of retail space.; Enjoy on‑site amenities including a new state‑of‑the‑art fitness facility, tenant lounge with high‑end finishes and Wi‑Fi, and a conference center with full A/V support.; Unmatched convenience with The Shoppes at Penn Center East and over two dozen restaurants, retail, and service amenities on‑site.
(412) 208-1413 Call to check price and availability
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