79,000 SF Manufacturing
150 Gamma Dr Pittsburgh, PA 15238
150 Gamma Dr, Pittsburgh, PA, 15238
Contact for pricing
For Sale
Contact for pricing
FDA certified facility with commercial kitchen and high ceilings.
Property Size79,000 SF
Price / SF$94.81
Days on Market979
Property Features for 150 Gamma Dr
General Information
- Standard status
- Active
- Size
- 79,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1973
Listing Agency
KW Commercial Pittsburgh North
(724) 933-8500
Listed by
Tim Fitzgerald · License #RS346840
Source
Crexi
Added: Nov 13, 2023 Checked: Jul 16 at 6:33 am
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 KW Commercial Pittsburgh North
Investment Insights
Based on property information with market context.
This well-built, 79,000 square foot brick and block building features a newer EPDM roof and many updates, including 30 skylights for natural lighting and newer HVAC roof units. The facility is FDA certified for Nutraceuticals-GMP-Good Manufacturing Practice, featuring a clean room processing area. The office area benefits from larger windows for natural lighting, and LED lighting is installed throughout the building. A fully functional cafe and commercial kitchen with a separate entrance provides an amenity for employees or can be subleased for additional income. The facility includes 3 separate break rooms and multiple storage areas. High ceilings (18 ft in many areas) are present throughout the building. There are 6 docks and 4 drive-in doors, along with a 3-phase electric service with 2 separate services. Several large areas are set up for R&D. The warehouse area has a 5-ton crane. The property is located in a high-demand area and is zoned SM-Suburban Manufacturing, accommodating many uses. The space can be easily subdivided, allowing for leasing of unneeded space.
Key Highlights
- FDA certified facility with GMP clean room processing area for Nutraceuticals.
- 79,000 sq ft building with subdivision potential for leasing excess space.
- 6 docks and 4 drive‑in doors provide efficient loading.
Local Financial Insights For Industrial
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 | $673.1k | $8.52 |
| − Vacancy | −$35.7k | −$0.45 |
| EGI | $637.4k | $8.07 |
| − OpEx | −$191.2k | −$2.42 |
| NOI | $446.2k | $5.65 |
79,000 SF · lease $8.52/SF/yr · vacancy 5.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$15.28M
$13.37M – $17.82M
NOI $1,069,344 @ 7.0% cap · market cap 14.28%
Second Best
Industrial
$6.37M
$5.58M – $7.44M
NOI $446,185 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$25.16M
$22.01M – $29.35M
NOI $1,761,187 @ 7.0% cap · market cap 23.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
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Thar Process - Supercritical ...
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FAQs
What type of property is this?
Manufacturing property - FDA certified facility with commercial kitchen and high ceilings.
Where is this manufacturing property located?
The property is located at 150 Gamma Dr Pittsburgh, PA.
What is the asking price?
The asking price for this property is $7,490,000.
What are key features of this property?
This property features: FDA certified facility with GMP clean room processing area for Nutraceuticals.; 79,000 sq ft building with subdivision potential for leasing excess space.; 6 docks and 4 drive‑in doors provide efficient loading.
