350 Technology DrPittsburgh, PA 15219

Property Details for 350 Technology Dr

Lot size

1.09 AC

Property type

Office properties

Property subtype

Office buildings

APN

29-B-302

APU

29B302

Description

The Riviera, a Class A, six-story office building in Oakland's vibrant submarket, offers 160,000 square feet of prime space. Currently, 97,754 square feet is available, divisible into units ranging from 3,208 to 31,731 contiguous square feet, perfect for multiple tenants. This exceptional property boasts stunning views of downtown Pittsburgh and the Southside Marina. Its strategic location provides easy access to major highways, leading directly to Pittsburgh International Airport, and is conveniently situated along bus lines 56, 57, and 58, as well as being easily accessible by bicycle. Ample parking is available in an adjacent garage, offering 1.5 spaces per 1,000 rentable square feet. Building amenities include a state-of-the-art 2,000 square-foot fitness center, an outdoor "Zen Deck" with connected green space, and a trendy coffee shop and eatery. Its proximity to the University of Pittsburgh and Carnegie Mellon University makes it an ideal location for research organizations and innovative businesses. This property is a true gem in the heart of Pittsburgh's life sciences hub. The building's location is just two miles from downtown Pittsburgh, offering unparalleled convenience and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $9,883,577

  6.5%

  $9,123,302

  7%

  $8,471,637

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,443,794

  Geo Method

  $6,443,794

• Alternative Use

  Use

  Valuation

  Residential

  $11,312,894

  Hospitality

  $10,362,550

  Educational

  $8,621,520

  Medical

  $8,918,027

  Retail

  $13,411,254

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4311

Longitude

-79.9617

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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