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Prime Class A Medical Office: 100% Occupied 5608 Wilkins Ave 14,400 SF 100% Leased Office Building Pittsburgh, PA 15217 $4,400,000 ($305.56/SF) 5.95% Cap Rate

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INVESTMENT HIGHLIGHTS

  • PRIME Class A Medical Office Building
  • Long-term, strong stable tenants
  • Very strong location: excellent demographics
  • Private parking lot
  • 100% Occupied
  • Well maintained property

EXECUTIVE SUMMARY

- PRIME Class A Medical Office Building
- Private parking lot
- Long-term, strong stable tenants
- 100% Occupied
- Very strong location: excellent demographics
- Well maintained property

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
14,400 SF
Building Class
B
Year Built
1999
Price
$4,400,000
Price Per SF
$305.56
Cap Rate
5.95%
NOI
$262,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,200 SF
Slab To Slab
11’
Building FAR
0.89
Lot Size
0.37 AC
Zoning
O - Office
Parking
37 Spaces (2.57 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0085-P-00149-0000-00
Land Assessment
$307,800
Improvements Assessment
$1,442,200
Total Assessment
$1,750,000
  • Listing ID: 28778515

  • Date on Market: 6/16/2023

  • Last Updated:

  • Address: 5608 Wilkins Ave, Pittsburgh, PA 15217

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