11 Progress Ave 40,981 SF Industrial Building Cranberry Township, PA 16066 $6,750,000 ($164.71/SF)

Positioned in the heart of Cranberry Township, one of Pittsburgh’s most dynamic suburban markets, 11 Progress Avenue offers investors a rare opportunity to acquire a stabilized industrial asset with long-term upside. This 40,981-square-foot facility sits on 6.53 acres along Route 19, delivering exceptional visibility and access via a signalized intersection. The property benefits from a recently installed roof, reducing near-term capital expenditure risk, and features ample on-site parking to support tenant operations.
A new five-year lease with a creditworthy tenant ensures immediate cash flow, while the site’s generous acreage and frontage create future redevelopment or expansion potential. Located minutes from I-79 and the Pennsylvania Turnpike, the property provides seamless regional connectivity for distribution and light manufacturing users. Cranberry Township’s robust demographics—high household incomes and strong consumer spending—further enhance the asset’s long-term value proposition.
Multiple new developments surround the property and will be breaking ground in the next few months.