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Property profile & analytics
FOR LEASE
Office buildings

7514 Thomas Blvd Pittsburgh, PA 15208

1.55 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US73-0541917
Property summary
AI-generated overview

Located in Pittsburgh's North Point Breeze neighborhood, Rockwell Park offers 800,000 square feet of prime commercial space in a revitalized industrial setting. This unique property boasts a diverse tenancy, including independent artists, university-based tech startups, and Fortune 500 companies. The historic character of the former Rockwell International Research & Development Center is preserved, blending seamlessly with modern high-tech amenities. The property is comprised of multiple tenancies, with a minimum divisible space of 823 square feet and a maximum contiguous space of 170,000 square feet. Currently, 496,736 square feet of space is vacant and available for lease. This presents a significant opportunity for businesses seeking flexible and adaptable industrial space in a vibrant and established location within Allegheny County. The property's rich history and diverse tenant mix create a unique and dynamic environment, ideal for a wide range of businesses. Sixteen spaces are currently available, offering a variety of sizes to accommodate various business needs. This is a rare opportunity to secure space in a landmark Pittsburgh property.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 1.55 ac (67,553 SF)
APN 175-E-105
UPID US73-0541917
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Commonplace Coffee Cafe & Coffee Shop
  • Rockwell Park Business Park
  • Solventum (3M Health | M*Modal) Corporate Office
  • Maslisz Designs LLC Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Seven 7514 Thomas Partners L L C · 4 yrs held
Seven 7514 Thomas Partners L L C
since 2021
4 recorded transactions
2021
Price N/A
2020
Price N/A
2014
$648,000
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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