Two-Tenant Industrial
620 Alpha Drive, Pittsburgh, PA 15238
For Sale
New
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Specialized clean-room infrastructure and contractual rent increases support the building’s established tenant operations.
Property Size61,936 SF
Days on Market3
Property Features for 620 Alpha Drive
General Information
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Net Operating Income
Site & Location
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Additional Details
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Located in RIDC O'Hara Industrial Park, One of the Largest and Most Established Industrial Parks in the Region
Powercast Corporation is a Leading Innovator in Wireless Power Technologies
Noveome Biotherapeutics Recently Raised $51M for Funding Advance Clinical Trials for Pediatric Disease Treatment
With Over Six Years WALT, the Property Provides Stable Cash Flow
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Westchester Office
Listed By:
Joe French Jr. · License #License(s): PA: AB067393, NY: 10301207036, CT: REB.0239741, NJ: 9210310
(914) 220-9740
Source:
Marcusmillichap
Added: Nov 6
Last Checked: Nov 8 at 2:15AM
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 Westchester Office
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Investment Insights
Based on property information with market context.
Built in 1967, this 61,936-square-foot industrial building is fully occupied by two tenants. Noveome Biotherapeutics occupies 67% of the gross leasable area and has worked with ownership on substantial property upgrades, including specialized clean-room infrastructure. Powercast has expanded into additional space, bringing the property to full occupancy. The weighted average lease term is 4.4 years, with scheduled rent increases extending through 2032 and tenant option periods.
The property is located in RIDC Park O’Hara, a developed research and industrial park described as having no new supply. Both tenants have contractual rent growth provisions.
The property is located in RIDC Park O’Hara, a developed research and industrial park described as having no new supply. Both tenants have contractual rent growth provisions.
Key Highlights
- 61,936 SF industrial building, built in 1967
- Fully occupied by two tenants
- Noveome Biotherapeutics occupies 67% of the GLA
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
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Demographics for 15238, PA
13,266
Population
6,001
Households
2.2
Avg Household Size
47
Median Age
75%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
840
Density / Sq Mi
$124,904
Median Household Income
$78,510
Median Earnings
$1,189
Median Rent
$452,300
Median Home Value
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Market
Properties on Market for Industrial properties in Pittsburgh
Vacancy Rate% for Industrial in Pittsburgh, PA
Frequently Asked Questions
What type of property is this?
Industrial property - Specialized clean-room infrastructure and contractual rent increases support the building’s established tenant operations.
Where is this industrial property located?
The property is located at 620 Alpha Drive Pittsburgh, PA.
What are key features of this property?
This property features: 61,936 SF industrial building, built in 1967; Fully occupied by two tenants; Noveome Biotherapeutics occupies 67% of the GLA
