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Rivertech Centre 3700 S Water St 45,000 SF 92% Leased Office Building Pittsburgh, PA 15203 $3,800,000 ($84.44/SF) 8.76% Cap Rate
INVESTMENT HIGHLIGHTS
- Within minutes of Downtown Pittsburgh, University of Pittsburgh, Carnegie Mellon University, and University of Pittsburgh Medical Centers.
- Close proximity to all major highways.
EXECUTIVE SUMMARY
3700 South Water Street is a 45,000 square foot high tech class "A" three-story office building with beautiful riverfront setting overlooking the majestic Monongahela River and Riverfront Walking Trails. The building is adjacent to UPMC Sports Facilities, Pittsburgh Steelers and University of Pittsburgh Practice Fields.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
45,000 SF
Building Class
A
Year Built
2000
Price
$3,800,000
Price Per SF
$84.44
Cap Rate
8.76%
NOI
$332,955
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,720 SF
Slab To Slab
11’
Building FAR
0.41
Lot Size
2.50 AC
Zoning
SP-5 - Southside Works
Parking
140 Spaces (3.11 Spaces per 1,000 SF Leased)
AMENITIES
- Waterfront
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 3rd Floor
- 5,000 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 3rd Floor | 5,000 SF | Office | Full Build-Out | Now |
3rd Floor
| Size |
| 5,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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PROPERTY TAXES
| Parcel Number | 0030-L-00076-0000-00 | Improvements Assessment | $3,427,670 |
| Land Assessment | $382,000 | Total Assessment | $3,809,670 |
PROPERTY TAXES
Parcel Number
0030-L-00076-0000-00
Land Assessment
$382,000
Improvements Assessment
$3,427,670
Total Assessment
$3,809,670
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Rivertech Centre | 3700 S Water St
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