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Open-Plan Office Space
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521 Penn Avenue, Pittsburgh, PA 15221

Office space combines shared open areas with a selection of private offices.

Space SizeContact for details
Days on Market91

Property Features for 521 Penn Avenue

General Information

Standard status Active
Property subtype Office

Additional Details

Space Use Office
Listing Agency: CBRE | Pittsburgh
Listed By: Andrew Miller
Source: Cbre
Added: Jun 2 Changed: Aug 31 Last Checked: Aug 31 at 1:08AM

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 14,876-square-foot office offering features an open floor plan arranged with a mix of private offices. The layout provides both collaborative workspace and enclosed office areas within the same commercial suite.

Key Highlights

  • 14,876 square feet of office space
  • Open floor plan
  • Mix of private offices

Property Analytics

Current Use

Stanton Industrial Electric Building Supply

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Butcher Furniture & Home Goods Tanning Salon Fish Market

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

7,991
Businesses Nearby

Demographics for 15221, PA

28,913
Population
17,621
Households
1.6
Avg Household Size
42
Median Age
42%
College-Educated
95%
High-School Grad
6.2 sq mi
ZIP Area
4,663
Density / Sq Mi
$55,241
Median Household Income
$42,411
Median Earnings
$954
Median Rent
$157,100
Median Home Value

Market

Lease Benchmarks for Pittsburgh, PA

$25.66 /SF/Yr
Avg Asking Price
$9.33–$47.5 /SF/Yr
Price Range
11,547 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space combines shared open areas with a selection of private offices.
Where is this office units located?
The property is located at 521 Penn Avenue Pittsburgh, PA.
What are key features of this property?
This property features: 14,876 square feet of office space; Open floor plan; Mix of private offices
More about this property
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