McCandless Corporate Center
For Sale
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5600 5700 & 5800 Corporate Dr, Pittsburgh, PA 15237
Three office buildings totaling 289,193 SF in Pittsburgh, PA.
Property Size289,193 SF
Lot Size36.00 Acres
Days on Market174
Property Features for 5600 5700 & 5800 Corporate Dr
General Information
Standard status
Active
Size
289,193 SF
Lot size
36.00 Acres
Property subtype
Office
Occupancy
62%
Investment Type
Value Add
Building Details
Year Built
1983
Year Renovated
1983
Buildings
3
Tenancy
Multi
Listing Agency:
CBRE - Pittsburgh
(412) 995-3810
Listed By:
Kyle Prawdzik · License #PA RS305573
Source:
Crexi
Added: Feb 18
Changed: Aug 8
Last Checked: Aug 10 at 12:18PM
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.
The McCandless Corporate Center 1-3 portfolio comprises three office buildings located at 5500 - 5800 Corporate Drive in Pittsburgh, PA 15237. The properties total 289,193 square feet and are currently 62.0% occupied, with an in-place average rental rate of $23.18 per square foot and a 3.8-year weighted average lease term. The Year 1 NOI is $1,156,991. Anchor tenants include Pressley Ridge (18,844 SF), Lally & Co. (14,555 SF), and Willman & Silvaggio, LLP (12,453 SF). The portfolio, along with the medical office building at McCandless Corporate Center 4, forms the greater McCandless Corporate Center, which consists of 317,072 square feet of office space across four buildings in a 36-acre wooded, park-like campus. The location offers amenities such as elegantly designed lobbies and seating areas, an outdoor park and promenade area, professional on-site management, a new conference center with wireless connectivity, new common areas, abundant parking, controlled tenant access, access to public transportation, and a KinderCare Daycare Center. The property is located directly off Route 19 (McKnight Road), a popular retail corridor connecting major retail nodes, and provides direct access to Interstate 279. It is adjacent to McCandless Crossing, a 135-acre development with over 1.2 million square feet of retail, medical, hospitality, office, entertainment, residential, and senior living spaces. The location is also minutes from UPMC Passavant, Hillman Cancer Center, and AHN’s new McCandless Neighborhood Hospital, and 2.5 miles from Ross Park Mall.
Key Highlights
- Portfolio of three office buildings totaling 289,193 SF in a 36‑acre wooded, park‑like campus.
- Located directly off Route 19 (McKnight Road) and adjacent to McCandless Crossing, a ±135‑acre development.
- Currently 62.0% occupied with an in‑place average rental rate of $23.18/SF, a 3.8‑year weighted average lease term (WALT), and a Year 1 NOI of $1,156,991.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
Explore this area
Business Placement
Demographics for 15237, PA
45,670
Population
19,332
Households
2.4
Avg Household Size
43
Median Age
58%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,895
Density / Sq Mi
$108,538
Median Household Income
$64,006
Median Earnings
$1,327
Median Rent
$306,900
Median Home Value
Market
Vacancy Rate% for Office in Pittsburgh, PA
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Frequently Asked Questions
What type of property is this?
Office building - Three office buildings totaling 289,193 SF in Pittsburgh, PA.
Where is this office building located?
The property is located at 5600 5700 & 5800 Corporate Dr Pittsburgh, PA.
What are key features of this property?
This property features: Portfolio of three office buildings totaling 289,193 SF in a 36‑acre wooded, park‑like campus.; Located directly off Route 19 (McKnight Road) and adjacent to McCandless Crossing, a ±135‑acre development.; Currently 62.0% occupied with an in‑place average rental rate of $23.18/SF, a 3.8‑year weighted average lease term (WALT), and a Year 1 NOI of $1,156,991.
