Office Building
For Lease
Contact for pricing
5231 Penn Ave, Pittsburgh, PA 15224
Entire office building sublease offers 28,661 SF across three floors plus basement, with large meeting rooms and kitchenettes.
Property Size10,000 SF
Days on Market254
Property Features for 5231 Penn Ave
General Information
Standard status
Active
Size
10,000 SF
Net Rentable
28,661 SF
Property subtype
OFFICE
Lease Type
SF/yr
Space & Availability
Available Space
28,661 SF
Space Use
Office
Sublease
Yes
Additional Details
Public Transit
Yes
Building Details
Building Size
28,661 SF
Listing Agency:
Lee & Associates | Western PA
(412) 952-7666
Listed By:
Amy Broadhurst, SIOR, CCIM
(717) 495-9497
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Jul 29
Last Checked: Jul 29 at 4:51AM
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.
Entire building is available for sublease with a term through 4/30/2027. The space totals 28,661 SF and is split among three office floors, plus a basement (ground) level. Typical floor plates are approximately 7,900 SF, and the office layout is described as office-intensive, with large meeting rooms and kitchenettes on each floor.
The property provides on-site free parking and direct access to public transportation.
With a multi-floor configuration and multiple meeting and kitchenette areas, the building can support a self-contained office operation while keeping workspaces organized by floor.
The property provides on-site free parking and direct access to public transportation.
With a multi-floor configuration and multiple meeting and kitchenette areas, the building can support a self-contained office operation while keeping workspaces organized by floor.
Key Highlights
- Entire office building available for sublease through 4/30/2027
- 28,661 SF of office space across three floors plus basement (ground) level
- Three‑floor layout with a typical floor plate of 7,900 SF
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.81 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,572
Businesses Nearby
Explore this area
Business Placement
Demographics for 15224, PA
10,568
Population
6,380
Households
1.7
Avg Household Size
34
Median Age
55%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
7,045
Density / Sq Mi
$65,974
Median Household Income
$49,642
Median Earnings
$1,191
Median Rent
$240,600
Median Home Value
Market
Lease Benchmarks for Pittsburgh, PA
$29.27 /SF/Yr
Avg Asking Price
$16–$50 /SF/Yr
Price Range
94,112 SF
Avg Space Size
This space is priced 36% below the average of $29.27 /SF/Yr.
Vacancy Rate% for Office in Pittsburgh, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Entire office building sublease offers 28,661 SF across three floors plus basement, with large meeting rooms and kitchenettes.
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 office building available for sublease through 4/30/2027; 28,661 SF of office space across three floors plus basement (ground) level; Three‑floor layout with a typical floor plate of 7,900 SF
