1312 Federal St Pittsburgh, PA 15212-4706
This exceptional opportunity presents a 4,600 square foot medical office space for lease at 1312-1314 Federal Street in Pittsburgh, Pennsylvania's Northside. The property consists of two connected buildings, totaling 4,600 square feet on a 3,885 square foot lot in Allegheny County. One building, 1312 Federal Street, is a newer construction featuring three floors, each approximately 1200 square feet. The second building, 1314 Federal Street, offers 1,000 square feet on the first floor, currently configured with executive offices. Importantly, the entire 4,600 square feet is currently vacant, presenting a unique chance for a single tenant to occupy both buildings. The property is a single-tenant space with no elevator. A tenant improvement allowance is available to customize the space to meet the needs of the new occupant, reflecting the previous tenant's long-term occupancy. This high-visibility location on a heavily trafficked street offers excellent signage opportunities. The lease is a net lease structure, with the tenant responsible for utilities, cleaning, maintenance, and a proportionate share of taxes and insurance. This presents a rare chance to establish a prominent medical practice in a desirable Pittsburgh neighborhood.
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General Medical Practitioners: Daley Maryann Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.