5300 Penn Ave, Pittsburgh, PA 15224
Mixed-use property available for sale.
- Added:
- Jul 17, 2023
- Days on Market:
- 1087
- Last Refresh:
- Jul 2 at 6:47 am
Property Features for 5300 Penn Ave
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Mixed Use
Listing office Hanna Commercial Real Estate - Pittsburgh (412) 261-2200
Listing date Jul 17, 2023
Source Crexi
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 Hanna Commercial Real Estate - Pittsburgh
HighLights
- No property information was provided.
Overview
Local Financial Insights For Mixed Use
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 | $115.2k | $19.20 |
| − Vacancy | −$8.1k | −$1.34 |
| EGI | $107.1k | $17.86 |
| − OpEx | −$40.2k | −$6.70 |
| NOI | $67.0k | $11.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.938232
- Latitude
- 40.464354
