1000 Church Hill RdPittsburgh, PA 15205

Property Details for 1000 Church Hill Rd

Lot size

1.51 AC

Property size (Sq ft)

58,000 SF

Property type

Mixed-use properties

Property subtype

Other office properties

Description

This exceptional mixed-use property in Pittsburgh, PA, offers 58,000 square feet of space, including 50,000 square feet of net rentable area, currently 90% occupied by two tenants. Located on a 1.51-acre lot in Allegheny County, zoned C3, this two-story, two-building complex boasts a prime location adjacent to Settlers Ridge, providing easy access to major highways (Parkway and I-79), Downtown Pittsburgh, and the Greater Pittsburgh International Airport. The property features ample parking and has undergone some recent updates to tenant spaces. The current Net Operating Income (NOI) is $12,500, with a pro-forma NOI projected at $55,000. The asking price is $1,499,000, representing a pro-forma cap rate of 3.67% and a price per square foot of $25.84. The lease type is Net, and the property is currently under multi-tenant occupancy, with a full occupancy date of December 31, 2024. This investment opportunity presents a blend of immediate income and significant long-term growth potential in a high-demand area. The property's versatile space is suitable for various business purposes, offering adaptability for future expansion or diversification. The established income stream, combined with the strategic location and potential for increased occupancy, makes this a compelling investment for owner-users or investors seeking a strong return.

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4418

Longitude

-80.087

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].