9600 Perry HwyPittsburgh, PA 15237

  • Retail properties
  • 3.38 AC
For Lease

Property Details for 9600 Perry Hwy

Lot size
3.38 AC
Property type
Retail properties
Property subtype
Strip malls
APN
944-R-33
APU
944R33

Description

This exceptional medical office space, totaling up to 9,868 rentable square feet, is situated in a prime North Pittsburgh location at 9600 Perry Hwy, Pittsburgh, PA 15237. The property, a Class B building constructed in 1972, offers a flexible layout, easily subdividable to a minimum of 3,170 square feet. Currently, 9,868 square feet is immediately available on the second floor. The space features a combination of private offices, open work areas, and convenient kitchenettes. Abundant natural light enhances the workspace. The building boasts 200 free on-site parking spaces, providing ample convenience for staff and clients. Its location along the Route 19 business corridor offers excellent visibility and accessibility, just 12 miles (approximately 20 minutes) north of Downtown Pittsburgh. Public transportation is within walking distance. Signage opportunities are available on Perry Highway. The property sits on a 3.38-acre lot and includes elevators. This is a locally owned building, offering a stable and reliable investment opportunity. The property's APN is 0944-R-00033-0000-00. The total building size is 38,500 square feet, spread across two stories. This listing presents a unique chance to secure high-quality medical office space in a thriving Allegheny County submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $41,099,568
    6.5%
    $37,938,064
    7%
    $35,228,204
  • Comparable approach

    Method
    Valuation
    Relative Method
    $34,654,492
    Geo Method
    $34,654,492
  • Alternative Use

    Use
    Valuation
    Residential
    $32,002,176
    Hospitality
    $29,313,822
    Educational
    $24,388,756
    Medical
    $25,227,522
    Retail
    $37,938,064
9600 Perry Hwy, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.5818
Longitude
-80.0372
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$89,202
$674,800
$2,795,300
$3,470,100
-
$674,800
$2,795,300
$3,470,100

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