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20630 Route 19 13,800 SF 100% Leased Office Building Cranberry Township, PA 16066 $3,750,000 ($271.74/SF)
Investment Highlights
- Located in a high-income trade area with growing consumer spending and strong demographic fundamentals.
- Surrounded by major development projects, national retailers, and robust healthcare and educational institutions.
- Excellent regional connectivity with quick access to I-79 and Pittsburgh’s economic core.
- Projected NOI of approximately $286,000 enhances investor appeal.
Executive Summary
This rare medical office investment opportunity offers a 13,800-square-foot facility positioned on 2.12 acres along Route 19 in the thriving Cranberry Township market. Priced at $3,750,000, the asset is currently generating $293,718 in annual gross income and a projected NOI of more than $286,000. The single-story medical facility provides on-site parking, flexible design, and is zoned SP-1 for Special Growth, accommodating future adaptability.
Cranberry Township remains one of the fastest-growing commercial and residential hubs in the Pittsburgh region, with strong investor demand for healthcare-related real estate. The property’s frontage along Route 19 ensures visibility and easy access, while I-79 connectivity positions it for users seeking accessibility to Greater Pittsburgh and neighboring growth corridors. With Pittsburgh’s regional economy driven by education, healthcare, technology, and research, this offering provides a stable investment with long-term upside potential.
Cranberry Township remains one of the fastest-growing commercial and residential hubs in the Pittsburgh region, with strong investor demand for healthcare-related real estate. The property’s frontage along Route 19 ensures visibility and easy access, while I-79 connectivity positions it for users seeking accessibility to Greater Pittsburgh and neighboring growth corridors. With Pittsburgh’s regional economy driven by education, healthcare, technology, and research, this offering provides a stable investment with long-term upside potential.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
13,800 SF
Building Class
C
Year Built
1980
Price
$3,750,000
Price Per SF
$271.74
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,765 SF
Building FAR
0.15
Lot Size
2.12 AC
Zoning
SP1 - Special growth district
Parking
25 Spaces (1.82 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 130-4F108-11F-0000 | Improvements Assessment | $162,560 |
| Land Assessment | $9,300 | Total Assessment | $171,860 |
Property Taxes
Parcel Number
130-4F108-11F-0000
Land Assessment
$9,300
Improvements Assessment
$162,560
Total Assessment
$171,860
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20630 Route 19
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