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401 Smith Dr 13,962 SF 84% Leased Office Building Cranberry, PA 16066 $2,000,000 ($143.25/SF)
Investment Highlights
- Medical build-out already in place. Vacant suite has the walls and plumbing set for exam rooms plus a leadlined room for X-ray/imaging
- Ideal for an investor seeking yield with upside, or an owner-user wanting to occupy and lease the balance
- Minutes from I-79 and I-376 in one of Pittsburgh's strongest suburban office submarkets
Executive Summary
401 Smith Drive is a 13,962-square-foot, multilevel office building offered for sale in the heart of Cranberry Township, just minutes from I-79 and I-376. The building is well-leased to a stable tenant base, with nicely appointed offices, an elevator, a conference room, a kitchen, and ample parking. With in-place rents below current market and a vacant medical suite whose exam-room walls and plumbing are already in place, the property offers an investor immediate cash flow plus a clear, low cost path to increased value.
Price upon request. Contact Chris or Curt for the rent roll.
Price upon request. Contact Chris or Curt for the rent roll.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,962 SF
Building Class
C
Year Built
1984
Price
$2,000,000
Price Per SF
$143.25
Percent Leased
84%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,654 SF
Building FAR
2.91
Lot Size
0.11 AC
Zoning
Commercial
Parking
45 Spaces (3.41 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Professional, Scientific, and Technical Services
- -
-
$9.99
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 2,200 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,200 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 2,200 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $143,500 | |
| Land Assessment | $2,870 | Total Assessment | $146,370 |
Property Taxes
Parcel Numbers
Land Assessment
$2,870
Improvements Assessment
$143,500
Total Assessment
$146,370
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