Search
Office Building Sublease Opportunity
For Lease
Contact for pricing

5231 Penn Ave, Pittsburgh, PA

Sublease opportunity with free parking and public transportation access.

Space Size3,600 SF - 10,000 SF
Lot Size0.91 Acres
Days on Market265

Property Features for 5231 Penn Ave

General Information

Standard status Active
Size 3,600 SF - 10,000 SF
Lot size 0.91 Acres
Property subtype OFFICE

Spaces For Lease

at 5231 Penn Ave Contact us

5217 - 5231 Penn Avenue $18.75/SF/Yr

Floor
1
Size
10,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Entire building available for sublease; term through 4/30/2027 - 28,661 SF of office...
show more
Contact us

5217 - 5231 Penn Avenue $18.75/SF/Yr

Floor
2
Size
10,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Entire building available for sublease; term through 4/30/2027 - 28,661 SF of office...
show more
Contact us

5217 - 5231 Penn Avenue $18.75/SF/Yr

Floor
3
Size
5,061 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Entire building available for sublease; term through 4/30/2027 - 28,661 SF of office...
show more
Contact us

5217 - 5231 Penn Avenue $18.75/SF/Yr

Floor
Ground Level
Size
3,600 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Entire building available for sublease; term through 4/30/2027 - 28,661 SF of office...
show more
Contact us
Listing Agency: Lee & Associates | Western PA
Listed By: Howard West · License #RSR002660
Source: Moodyscre
Added: Nov 18, 2025 Changed: Aug 8 Last Checked: May 20 at 9:11PM

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 Lee & Associates | Western PA

Investment Insights

Based on property information with market context.

The entire building is available for sublease, with a term running through April 30, 2027. The property features 28,661 square feet of office space distributed across three floors, in addition to a basement (ground) level. Each floor offers a typical plate of 7,900 square feet. The space is office-intensive, equipped with large meeting rooms and kitchenettes on each floor. On-site parking is available at no cost, and the location provides direct access to public transportation.

Key Highlights

  • Entire building sublease opportunity through April 30, 2027.
  • 28,661 SF of office space across three floors plus basement.
  • On‑site, free parking.

Property Analytics

Current Use

Dr. Vernon Nathaniel Physician Dr. William Cutlip Physician Transitional Services Inc Accounting Firm Cierra Mcclary Medical Clinic Central Probation Office Probation Office

Suggested Use

Top Pick Law Firm Electrical Service Accounting Firm HVAC Service Travel Agency (Bike/Boat/Book/etc) Store

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
$2.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,627
Businesses Nearby

Market

Lease Benchmarks for Pittsburgh, PA

$28.78 /SF/Yr
Avg Asking Price
$16–$50 /SF/Yr
Price Range
38,841 SF
Avg Space Size

This space is priced 35% below the average of $28.78 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Sublease opportunity with free parking and public transportation access.
Where is this office building located?
The property is located at 5231 Penn Ave Pittsburgh, PA.
What is the lease rate?
The lease rate is $18.75 SF/Yr.
What are key features of this property?
This property features: Entire building sublease opportunity through April 30, 2027.; 28,661 SF of office space across three floors plus basement.; On‑site, free parking.
(412) 528-1301 Call to check price and availability
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