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5011 Grand Ave 5011 Grand Ave 6,000 SF Flex Building Pittsburgh, PA 15225 $360,000 ($60/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Occupied by tenant since 1996
- Stable, income-producing investment with minimal management
- Convenient location minutes from Downtown Pittsburgh and the airport
- Lease expiration: March 31, 2030 (±4.5 years remaining)
- Excellent access to I-79, I-279, and Route 65
- Surrounded by established industrial and commercial users
EXECUTIVE SUMMARY
Located on Neville Island, this well-maintained property offers a strong investment opportunity with an annual NOI of $28,800 and a secure lease in place through March 31, 2030 (approximately 4.5 years remaining). The site provides exceptional accessibility just minutes from I-79, I-279, and Route 65, offering quick connections to Downtown Pittsburgh, the airport, and surrounding business districts. Positioned in a stable industrial and commercial corridor, the property combines quality, visibility, and dependable income, making it an ideal addition to any investment portfolio.
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $209,700 | |
| Land Assessment | $33,300 | Total Assessment | $243,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$33,300
Improvements Assessment
$209,700
Total Assessment
$243,000
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5011 Grand Ave | 5011 Grand Ave
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