McCandless Corporate Center
5600 Corporate Drive, Pittsburgh, PA 15237
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Three office buildings totaling 289,193 SF in Pittsburgh, PA.
Property Size289,193 SF
Lot Size36.00 Acres
Days on Market231
Property Features for 5600 Corporate Drive
General Information
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Size
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Building Details
Year Built
Listing Agency:
Cushman & Wakefield | Pittsburgh
Listed By:
Sam McGill · License PA RS320732
(412) 606-1618
Source:
Cushmanwakefield
Added: Mar 27
Changed: Nov 10
Last Checked: Nov 12 at 4:56AM
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 Cushman & Wakefield | Pittsburgh
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Investment Insights
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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
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Trade Area within ½ mile
671
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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
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Vacancy Rate% for Office in Pittsburgh, PA
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 Corporate Drive 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.
