9600 Perry HwyPittsburgh, PA 15237

Property Details for 9600 Perry Hwy

Lot size

3.38 AC

Property type

Strip malls

Property subtype

Neighborhood centers

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.

• 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

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

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