Waterfront Drive Warehouse For
700 Waterfront Dr Pittsburgh, PA
For Sale
Contact for pricing
53,183 SF warehouse available on Waterfront Drive.
Property Size53,183 SF
Lot Size4.13 Acres
Price / SF$131.62
Days on Market327
Property Features for 700 Waterfront Dr
General Information
- Standard status
- Active
- Size
- 53,183 SF
- Lot size
- 4.13 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 700 Waterfront Dr Contact us
Listing Agency:
Newmark | Pittsburgh
(412) 434-1053
Listed By:
Louis V. Oliva
Source:
Moodyscre
Added: Sep 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:34AM
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 Newmark | Pittsburgh
Investment Insights
Based on property information with market context.
This 53,183 square foot warehouse property is available for sale. The tenant is responsible for utilities, janitorial services, interior repairs and maintenance, real estate taxes, fire casualty insurance, general liability insurance, and common area maintenance, including landscaping and snow removal. The property is located on Waterfront Drive in Pittsburgh, PA.
Key Highlights
- Tenant responsible for utilities.
- Tenant responsible for janitorial services.
- Tenant responsible for interior repair and maintenance.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $453.1k | $8.52 |
| − Vacancy | −$24.0k | −$0.45 |
| EGI | $429.1k | $8.07 |
| − OpEx | −$64.4k | −$1.21 |
| NOI | $364.7k | $6.86 |
53,183 SF · lease $8.52/SF/yr · vacancy 5.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.21M
$4.56M – $6.08M
NOI $364,738 @ 7.0% cap · market cap 5.21%
Second Best
Industrial
$4.29M
$3.75M – $5.01M
NOI $300,373 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$16.94M
$14.82M – $19.76M
NOI $1,185,635 @ 7.0% cap · market cap 16.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Acutronic USA Inc
Factory
Similar Off Market Nearby
- ABC Easy Moving Co — 1254 Voskamp St, Pittsburgh, PA 15212
- Guardian Storage Strip District — 2839 Liberty Ave, Pittsburgh, PA 15222
- Keep Self Storage — 1414 Spring Garden Ave, Pittsburgh, PA 15212
- Guardian Storage Strip District — 2823 liberty ave, pittsburgh, pa 15222
- Self-Storage at U-Haul — 3000 Liberty Ave, Pittsburgh, PA 15201
FAQs
What type of property is this?
Warehouse - 53,183 SF warehouse available on Waterfront Drive.
Where is this warehouse located?
The property is located at 700 Waterfront Dr Pittsburgh, PA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Tenant responsible for utilities.; Tenant responsible for janitorial services.; Tenant responsible for interior repair and maintenance.
